Texas LNG Facility Gets Go Ahead
The Federal Energy Regulatory Commission (FERC) approved an innovative new liquefied natural gas (LNG) terminal and related facilities proposed by Ingleside Energy Center and San Patricio Pipeline to be located in San Patricio County, Texas. The Commission granted Ingleside Energy Center authority under Section 3 of the Natural Gas Act to construct a new terminal designed to provide an option for extracting natural gas liquids in addition to importing, storing and vaporizing one billion cubic feet (Bcf) of gas per day. The project would be constructed on the shoreline of Corpus Christi Bay near Ingleside, Texas, on a site owned by the applicants’ parent company, Occidental Chemical Corp. “I congratulate the Commission staff for processing this application so expeditiously.
FERC Requires Pre-Filing Process for New LNG Projects
The Federal Energy Regulatory Commission adopted a final rule requiring potential developers of new liquefied natural gas (LNG) terminals to initiate pre-filing procedures at least six months prior to filing a formal application with the Commission. Initiating the rulemaking was the Commission’s first formal action under the recently enacted Energy Policy Act of 2005. The new law requires the Commission to issue within 60 days of the law’s August 8, 2005, enactment rules mandating the Commission’s previously voluntary pre-filing process for LNG facility proposals. Commission Chairman Joseph T. Kelliher said: “Congress set a lot of ambitious targets for implementation of the Energy Policy Act.
