Jordan Cove LNG and Pacific Connector Gas Pipeline Receive Draft Environmental Impact Statement

abarrelfullabarrelfull wrote on 10 Nov 2014 06:35
Tags: lng n-america top usa veresen


Veresen Inc. ("Veresen" or the "Company") (TSX: VSN) announced today that Jordan Cove Energy Project L.P. ("Jordan Cove LNG") and Pacific Connector Gas Pipeline., LP ("Pacific Connector") have today received a draft Environmental Impact Statement ("EIS") from the Federal Energy Regulatory Commission ("FERC") in the United States. The draft EIS assesses the liquefied natural gas ("LNG") terminal proposed by Jordan Cove LNG for Coos Bay, Oregon and the Pacific Connector Gas Pipeline proposed by Pacific Connector, which would extend 232 miles from the terminal to Malin, Oregon. Jordan Cove LNG and Pacific Connecter each filed an application to the FERC for approval to construct the LNG export terminal and the pipeline in May and June 2013, respectively.

"Release of the draft EIS marks the completion of another important milestone in our project schedule," said Don Althoff, President and CEO. "Jordan Cove LNG and Pacific Connector will continue to work with local, state and federal agencies, as well as the public, through the FERC review process. Veresen is committed to building the Jordan Cove LNG facilities, which will provide significant economic benefits, while ensuring responsible development and environmental stewardship."

A draft EIS is intended to inform FERC decision-makers, the public, and permitting agencies about the potential adverse and beneficial environmental impacts of the proposed project and its alternatives, and recommend mitigation measures that would reduce adverse impacts to the extent practicable. The draft EIS is subject to further review and public comment before FERC issues a final EIS.

Jordan Cove LNG is a wholly-owned subsidiary of Veresen, and Pacific Connector is owned equally by a subsidiary of Veresen and a subsidiary of The Williams Companies, Inc.

The draft EIS can be downloaded from the FERC website at:

http://www.ferc.gov/industries/gas/enviro/eis.asp


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