Magnolia LNG Receives DEIS from FERC
The United States Federal Energy Regulatory Commission (FERC) issued the Draft Environmental Impact Statement (DEIS) for the Magnolia LNG project on Friday, 17 July 2015. The DEIS is a critical milestone for the Magnolia LNG project, incorporating comments from FERC and other cooperating federal agencies. In completing the work necessary to issue the DEIS, the FERC analysed publicly available data and data provided by both Magnolia LNG and Kinder Morgan Louisiana Pipeline LLC (KMLP) associated with the construction and operation of the Magnolia LNG project and natural gas pipeline infrastructure required to deliver natural gas to the operating liquefaction terminal.
The FERC staff concluded that construction and operation of the proposed projects would result in limited adverse environmental impacts, but these impacts would be reduced to less‐than‐significant levels with the implementation of Magnolia LNG’s and KMLP’s proposed mitigations and the additional measures recommended in the DEIS.
FERC set 8 September 2015 as the deadline for receipt of public comments on the DEIS. Based on the Notice of Schedule for Environmental Review, previously issued by FERC on 30 April 2015, the Final Environmental Impact Statement (FEIS) is expected to be issued by FERC on 16 November 2015.
LNG Limited’s Managing Director and CEO, Mr. Maurice Brand said, “We are very pleased with our progress on the FERC regulatory aspects of the project and look forward to the receipt of the FEIS in November this year. Magnolia LNG is planning for Financial Close in first quarter 2016 with first LNG in December 2018”.
