Jordan

Veresen Inc.’s main focus is trained on completing a$7.3 billion combination with Pembina Pipeline, but the Calgary-based management team also is working to submit a revamped, more costly FERC application for the decade-old proposal to build the Jordan Cove liquefied natural gas (LNG) project along the Oregon coast.

Anxious to see the review process restarted for the Jordan Cove liquefied natural gas (LNG) project, western Colorado producers appealed to FERC again on Wednesday to consider the socioeconomics to their region along the Western Slope of the Rockies as part of any renewed environmental assessments.

A local ballot measure in Coos County, OR, intended to block a long-proposed liquefied natural gas (LNG) project was rejected on Tuesday by voters amidst heavy spending by project backers and concerns that the “sustainable energy” measure was unconstitutional. More than 75% of the votes cast were against the proposal.

While touting an enhanced ability to complete large-scale projects like the multi-billion-dollar Jordan Cove liquefied natural gas (LNG) export terminal and connecting pipeline with the friendly merger now pending with Pembina Pipeline Corp., Calgary-based Veresen Inc. officials said they are not concerned that the lack of a quorum at FERC will hurt the project’s pending rehearing filing.

A top adviser to President Trump said the administration supports liquefied natural gas (LNG) exports and wants to issue permits for more LNG export facilities — including, reportedly, one on the south-central Oregon coast that has been rejected twice by FERC.

The backers of the only U.S. West Coast liquefied natural gas (LNG) project still alive, Calgary-based Veresen Inc., is talking to a third prospective Japanese buyer and is considering selling up to a 40% equity interest in the project to offtakers, including two already signed to term sheets, according to company officials.

The stalled multi-billion-dollar Jordan Cove liquefied natural gas (LNG) export terminal and connecting 232-mile Pacific Connector transmission pipeline in Oregon is still a long-term option for Calgary-based Veresen Inc., but it won’t move ahead unless the proposed 1 Bcf/d capacity facility is fully contracted, the CEO said Wednesday during an earnings conference call.

Left in the ditch last year by FERC, Calgary, Alberta-based Veresen Inc. on Friday revived its efforts to build the first U.S. West Coast liquefied natural gas (LNG) export project along the south-central coast of Oregon. Despite past setbacks, the sponsors remain confident of getting a final go-ahead on the project.

Within a week of being denied a rehearing, the Canadian-based backers of a liquefied natural gas (LNG) export project on the south-central coast of Oregon said they will re-apply at FERC for the $7.5 billion export facility and connecting gas pipeline project that bids to be the first U.S. West Coast LNG export facility.