Jacksonville, FL Considers Tax Break for Eagle LNG Export Plant

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In September the Federal Energy Regulatory Commission (FERC) gave final approval to Eagle LNG to build a small LNG export facility project at a site on the St. Johns River in Jacksonville, Florida (see FERC Grants Final Approval to Jacksonville, FL LNG Export Plant). Some of gas that will feed it will come from the Marcellus/Utica. Last week a bill was introduced to the Jacksonville City Council to grant the project $23 million in taxpayer-backed incentives, something called a “Recaptured Enhanced Value Grant.”

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