FERC Accepts Filing Application for Magnolia LNG Project
Liquefied Natural Gas Limited said that the US Federal Energy Regulatory Commission (FERC) has formally accepted Magnolia LNG (MLNG) project’s filing application.
This project is located along the Calcasieu River, near Lake Charles, Louisiana, United States of America. The receipt of FERC’s formal acceptance of MLNG’s filing application resulted from submission of the application on 30 April 2014.
Managing Director and Joint CEO Comments The Company’s Managing Director, Maurice Brand, said “FERC’s formal acceptance of Magnolia LNG Project’s filing application is another step forward for the Magnolia LNG Project, placing it among a small group of projects to have formally received this notification from FERC.”
“Magnolia LNG anticipates receiving all approvals during 2015 and such approvals will be a key requirement for Financial Close. Construction will commence shortly thereafter with first LNG exports planned for the second half of 2018.”
Press Release, May 15, 2014; Image: LNG Limited