Twice-Rejected U.S. LNG Exporter Gives Project Another Shot

  • Federal regulators denied the terminal a permit last year
  • The developer is leaning on job creation to sway regulators
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The developer of a liquefied natural gas export terminal in Oregon that has already twice been denied permits Bloomberg Terminalby U.S. regulators is giving it another shot.

Veresen Inc. said late Thursday that it filed another application with the Federal Energy Regulatory Commission for the $10 billion Jordan Cove LNG terminal that would ship gas to Asia. The agency said the project wasn’t needed in March 2016, and rejected Veresen’s appeal in December. In its latest request, the Calgary-based company proposed route changes for a pipeline to feed the terminal and eliminated plans for a power plant.