In September, the new owner of Magnolia LNG, investment firm Glenfarne Group, along with Kinder Morgan (which plans to build a pipeline to the Magnolia facility), asked the Federal Energy Regulatory Commission (FERC) to extend the time to build the project (see Glenfarne Asks FERC for Extra 5 Years to Build Magnolia LNG). On Wednesday FERC granted its blessing.
In September, the new owner of Magnolia LNG, investment firm Glenfarne Group, along with Kinder Morgan (which plans to build a pipeline to the Magnolia facility), asked the Federal Energy Regulatory Commission (FERC) to extend the time to build the project (see 