Veresen Inc. has submitted applications with the Federal Energy Regulatory Commission for the Jordan Cove Energy and Pacific Connector Gas Pipeline Projects, which consist of the construction and operation of the 7.8 million tonne per annum LNG export terminal in Coos Bay, Oregon and a related pipeline that will deliver natural gas from the Malin Hub in southern Oregon to the LNG export terminal.
The application includes the elimination of a 420 MW power plant, reflects more than 50 route adjustments of the Pacific Connector Pipeline and the optimization of multiple water crossings to minimize environmental impacts via trenchless drilling techniques.
“Completing the pre-filing phase and submitting the formal applications to FERC is a major milestone for the projects,” said Don Althoff, President and CEO of Veresen. “Our significant efforts to optimize the design to minimize its environmental footprint and accommodate landowner requests, as well as the support of our world-class LNG buyers, should result in the receipt of the positive regulatory decisions required to build Jordan Cove. We look forward to continuing our work with the local community, Tribal leaders and FERC, as well as other federal and state agencies to advance Jordan Cove.”
Veresen is requesting that FERC issue a Draft Environmental Impact Statement in 2018, with a final decision on both projects by the end of 2018. Doing so will position the project for a potential final investment decision in 2019 and an in-service date in 2024, the company says.
The total engineering, procurement and construction cost of both projects is approximately $10 billion.