Terminal News

US Federal Regulators To Assess Louisiana LNG

Written by...

Picture of Kate Rainford

Kate Rainford

Kate is our deputy editor at Tank Storage Magazine
metal statue holding scales

A US court has ordered federal regulators to reassess the impact of greenhouse gas emissions from Commonwealth LNG’s Louisiana liquefied natural gas project, potentially slowing full approvals for the venture.

The court says in its decision that: ‘We think it ‘reasonably likely’ that on remand, the Commission can redress the defects in its (greenhouse gas) emissions and cumulative-effects analysis and still authorize the Project.’

Five environmental groups including the Natural Resources Defence Council sued FERC (Federal Energy Regulatory Commission) over the approval, saying it did not take climate and air pollution risks seriously when it approved the project in November 2022.

Commonwealth has not made a final investment decision (FID) yet. If developed, the project is expected to begin shipping 9.5 million tonnes a year of LNG from Cameron, Louisiana, in 2028.

Lyle Hanna, a Commonwealth spokesperson, says that the company will work with FERC during the reassessment and that it expects a FID in the first half of 2025.

 

Share this article:

Latest terminal news

Terminal News

US-Iran Ceasefire Lauds Oil Relief

A two-week ceasefire between the USA and Iran has been agreed, contingent on the reopening of the Strait of Hormuz. A significant relief rally is now underway, as more than

Read More
Fire fighters put out fire
Terminal News

Iran Strikes Kuwait Oil Infrastructure

Firefighters have put out a blaze at one of Kuwait’s major oil refineries, and at the countries airport, following Iranian strikes over the weekend. Drone strikes have caused “severe material

Read More
Terminal News

MOL Group Unveils Blue Action 2035

Mitsui O.S.K. Lines (MOL Group) has launched Phase 2 of its group management plan: ‘BLUE ACTION 2035’ effective April 1. In Phase 2, the focus of group management will shift

Read More