Downeast LNG requests FERC to freeze project review

Downeast LNG, that is proposing to build an LNG export terminal in Robbinston, Maine, filed a request with FERC to hold the pre-filing review proceedings.

The United States Federal Energy Regulatory Commission started the pre-filing review in August 2014 and was expecting Downeast LNG to file its formal application and final resource reports for the project in early 2016.

However, according to Downeast LNG’s filing to the commission, the company requested a hold of the review until February 29, 2016 “while Downeast LNG and its investors undertake an economic analysis of current market conditions and the associated impact on the proposed Downeast LNG project.”  

Downeast LNG plans to construct and operate an LNG project in Maine, that will be capable of liquefying an average of approximately 450 mmcfd natural gas or 3 million tons of LNG per year. The project will also have the capacity to regasify up to 100 mmcfd.

The chilled gas will be stored in two full containment LNG storage tanks with a capacity of 160,000 cbm, and Downeast LNG expects up to 60 ships to load at the facility each year.

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LNG World News Staff; Image: Downeast LNG