Goldboro LNG Project Gets Final DOE Approval – Good for Marcellus
The U.S. Dept. of Energy (DOE) has been pedal to the medal lately with approvals for LNG exports. Yesterday we told you that the Bear Head LNG project in Nova Scotia, Canada received DOE approval to export U.S. natural gas from their facility to non-U.S. free trade agreement counties (see Bear Head LNG Exports Get Final DOE Approval – Good for Marcellus). Today we bring you the news that another Nova Scotia LNG project, Goldboro LNG, has also received approval from the DOE to export natgas to non-free trade agreement counties. Like Bear Head LNG, Goldboro LNG is now fully permitted and permissioned by the U.S. and Canada. Also like Bear Head, the Goldboro project will depend on natural gas coming from the Marcellus/Utica, and that won't happen until the Maritimes & Northeast pipeline reverses its flow, and until either Kinder Morgan or Spectra Energy (or both) build pipelines that connect to it. There's a lot of ifs/ands/buts that still remain--but sign-off by the DOE is a necessary and positive sign...
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