Marine Link
Friday, October 28, 2016

USCG OKs McMoRan License Application

July 31, 2006

Freeport-McMoRan Exploration Co. is one step closer to obtaining a deep port license to regasify one billion cu. ft. of natural gas per day at one of its former offshore sulfur mines. The U.S. Coast Guard all but approved the request, citing “sufficient information” to continue processing the application. Once approved, McMoRan’s former $1b offshore sulfur mines will receive a $450m facelift to convert the platforms to regasify liquefied natural gas (LNGLF) and then ship it to onshore pipelines. McMoRan amended its license application with the U.S. Coast Guard and the Maritime Administration May 31 to obtain approval of its Main Pass Energy Hub project using closed loop technology. The Coast Guard advised McMoRan on July 28 that the amendment along with information previously provided contain sufficient information to continue processing of the license application. The Coast Guard will prepare an environmental assessment to evaluate the application amendment, which will focus on changes associated with the vaporization technology evaluated as a reasonable alternative in the Final Environmental Impact Statement published in March. The Coast Guard will conduct final public hearings in adjacent coastal states followed by a 45-day period to allow public comment and response from Louisiana, Mississippi and Alabama governors. McMoRan expects a decision on the request by December. The former sulfur platforms 18 miles offshore and 38 miles east of Venice were closed in 2000 when the sulfur industry slumped.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News