Fort Chicago Says LNG Terminal, Pipeline Pass Hurdle

Fort Chicago Energy Partners LP said that Jordan Cove Energy Project LP and Pacific Connector Gas Pipeline LP got a final environmental impact statement from the Federal Energy Regulatory Commission for their plan to build a natural-gas import terminal and pipeline in Oregon.

The impact statement “is a significant milestone for these projects,” said Stephen White, Fort Chicago’s president. “The next step in the process will be for the FERC to issue a certificate of public convenience and necessity, which we expect to receive later this summer.”

Jordan Cove Energy Project is a subsidiary of Fort Chicago, and Pacific Connector Gas Pipeline is a limited partnership between subsidiaries of Williams Cos., PG&E Corp. (PCG) and Fort Chicago.

Construction of a liquefied natural-gas terminal in Coos Bay, Oregon, will take about three years, and the 234-mile pipeline will take two years to build, Fort Chicago said.

Construction of the LNG terminal is scheduled to begin in the second half of 2010, and by 2014 both projects could be finished, Fort Chicago said.

To contact the reporter on this story: Charles Siler in New York at jpolson@bloomberg.net.

To contact the editor responsible for this story: Tony Cox at acox3@bloomberg.net.

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