Shale Gas Export Projects Face U.S. Permit Delays
- Unexpected wait could affect commercial viability of projects
- FERC facing backlog after a surge in plant applications
This article is for subscribers only.
The approval of U.S. shale-gas export projects could be delayed by as many as 18 months as the top energy regulator struggles with a backlog of permit requests, according to people familiar with the matter.
The Federal Energy Regulatory Commission is preparing to notify some developers of liquefied natural gas plants of 12- to 18-month delays in reviews, the people said, asking not to be named because the information isn’t public. That could affect the commercial viability of several ventures vying for a spot in the rapidly growing global gas market.