The U.S. Federal Energy Regulatory Commission (FERC) has approved the paperwork for an additional LNG export facility in Plaquemines Parish, Louisiana.
Gulfstream LNG, which plans to build a 4-million tonnes per annum (mtpa) plant, reported it had cleared the FERC’s application process 14 months after the project started prefiling. Gulfstream is the first greenfield LNG project in more than five years to complete the process.
In February, the company filed for a non-free trade agreement export permit with the Department of Energy.
Though other projects have gone through the application process and started construction, all of them are expansions of existing footprints, such as Calcasieu Pass 2.
FERC issued the approval on July 21 and instructed Gulfstream to prepare an environmental review. Gulfstream’s next step with the FERC is to apply for a permit.
“This represents a significant regulatory milestone as we progress toward a final investment decision and our goal of delivering low-carbon, affordable LNG to the global energy market by 2030,” said Vivek Chandra, CEO and Founder of Gulfstream LNG.
(Source: Gulfstream LNG)