FERC updates U.S. LNG terminals summaries
The United States Federal Energy Regulatory Commission recently updated the summaries of existing, proposed, potential and approved U.S. LNG import and export terminals.
There are more than 110 LNG facilities operating in the U.S. performing a variety of services, FERC informed in its update.
Some facilities export natural gas from the U.S., some provide natural gas supply to the interstate pipeline system or local distribution companies, while others are used to store natural gas for periods of peak demand. There are also facilities which produce LNG for vehicle fuel or for industrial use. Depending on location and use, an LNG facility may be regulated by several federal agencies and by state utility regulatory agencies.
The FERC is responsible for authorizing the siting and construction of onshore and near-shore LNG import or export facilities. The commission also issues certificates of public convenience and necessity for LNG facilities engaged in interstate natural gas transportation by pipeline. As required by the National Environmental Policy Act, the FERC prepares environmental assessments or impact statements for proposed LNG facilities under its jurisdiction.
Projects which are approved and built are subject to FERC oversight for as long as the facility is in operation. FERC currently regulates twenty-four operational LNG facilities and complete summaries can be found here.