Jordan Cove Files Milestone Application to the Federal Energy Regulatory Commission Business Wire COOS BAY, Ore. -- May 22, 2013 The Jordan Cove Energy Project announced it has filed applications to the Federal Energy Regulatory Commission (FERC) to construct and operate a liquefied natural gas (LNG) export facility on the North Spit of the International Port of Coos Bay. The application initiates a thorough independent review of project engineering, impacts, mitigations and benefits according to regulations set forth under the National Environmental Protection Act of 1970 (NEPA). As lead agency, the FERC will compile data and publish a Draft Environmental Impact Statement (DEIS) for public comment and consideration later this year. “This is a major milestone for Jordan Cove as we continue to move through the public permitting process,” said Elliot Trepper, President of Jordan Cove. The public permitting process allows for public comment prior to a final decision, and more than 10 public agencies will evaluate specific aspects of the project. Jordan Cove has received all local land use approvals necessary for the project, and is now seeking construction, operation and export permits from the FERC and the U.S. Department of Energy. Following receipt of all approvals, construction of the export facility and supporting power plant is anticipated to span 42 months with an average workforce of 900 and a peak workforce of approximately 2,000. As the single largest private investment in Oregon to date, tax revenue and infrastructure improvements associated with Jordan Cove will bring economic growth to a region that has seen more than 20 years of high unemployment. “Jordan Cove will enhance the Port of Coos Bay and Southern Oregon’s infrastructure, helping our region attract new business and create new jobs,” commented State Senator Arnie Roblan. “The redevelopment and modernization of the Port of Coos Bay’s facilities will provide cornerstone enhancements to attract new industrial economic development on the North Spit in Coos Bay.” About Jordan Cove Energy Project, L.P. Jordan Cove Energy Project, L.P. is a subsidiary of Veresen Inc., a diversified energy infrastructure company that owns and operates assets across North America. The project consists of a natural gas liquefaction and export facility and an adjacent 420 MW power generation plant dedicated to the export facility. Contact: Jordan Cove Energy Project, L.P. Michael Hinrichs, 503-432-8153
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Jordan Cove Files Milestone Application to the Federal Energy Regulatory Commission
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