Penn LNG Will Seek MiQ Cert, Buy Responsibly Sourced Gas Only
In June, seemingly out of nowhere, a plan to build an LNG export facility on the banks of the Delaware River south of Philadelphia made big headlines in Philly (see Philadelphia LNG Export Project Still Very Much Alive & Advancing). Penn LNG, headed by Franc James, a native of Philadelphia, has “quietly lined up support to build a $6.4 billion liquefied natural gas export terminal near Philly.” While acknowledging such a project will face stiff opposition, James said he is planning to pre-file with Federal Energy Regulatory Commission (FERC) by the end of this year and reach a final investment decision (FID) by 2024. In an interview with NGI's Daily Gas Price Index, James made a major announcement--that his proposed project will seek to be certified as "responsible" with net zero carbon emissions under the MiQ certification program.
To view this content, log into your member account. (Not a member? Join Today!)