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Industry Brief

Downeast LNG Inc. (DELNG) has filed at the U.S. Department of Energy (DOE) for authorization to export liquefied natural gas (LNG) to free and non-free trade agreement (FTA) countries from its terminal proposed for Washington County, ME. The company is seeking authorization to export up to 173 MMBtu per year, equivalent to about 168 Bcf per year, for a 20-year period to non-FTA countries. The volume represents the peak production rate of the planned liquefaction facility. DELNG also is seeking authorization to export to FTA countries the same volume under the same terms. While essentially a revamp of a previously proposed import terminal, Downeast as re-imagined would have a small amount of regasification capacity just in case it one day becomes advantageous to switch over to imports or provide LNG peaking services to the market (see Daily GPIJune 20). The Federal Energy Regulatory Commission recently said it would prepare an environmental impact statement for the project [CP07-52, CP07-53] (see Daily GPIOct. 6July 23).

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