FERC Report on LNG Exports Coming by End of 2012
Seven liquefied natural gas (LNG) export terminals have officially been proposed to the Federal Energy Regulatory Commission (FERC). Another six have been informally proposed. FERC has twice delayed releasing their decision on whether or not to permit and allow exports of natural gas, coming under heavy criticism for the delays. According to Chris Smith with the Dept. of Energy, we’ll have a pretty good idea of which way FERC is leaning by the end of this year.
In comments at an industry event in Washington, D.C., Smith said FERC will release their LNG export report detailing the pros and cons for each site by the end of this year (see a map and list of all North American proposed import and export sites below). Although the report will be issued this year, a final decision from FERC will not be made until early next year.