Tag: LNG

LNG project rises again, with support from Mountain states

LNG project rises again, with support from Mountain states

Rendition of the proposed Jordan Cove liquid natural gas terminal in Oregon, which could ship gas from Rocky Mountain states to Asia (Photo: Jordan Cove LNG)

The Jordan Cove Energy Project would include the Pacific Coast’s first liquified natural gas port, where gas is chilled and liquefied for easier and cheaper storage and transport, including to customers overseas. Denied a permit by the Federal Energy Regulatory Commission in 2016, the project received new life following the presidential election, as Trump administration officials said the project will be the “first thing” to now permitted.

The $7.5 billion project, at Coos Bay, Oregon, would give Western producers access to the world’s largest gas market, consisting of Japan, South Korea, Taiwan and other Asia-Pacific countries. The 235-mile Pacific Connector pipeline is also part of the project. It would cross Oregon and provide a critical link between the export terminal and the rest of the West’s pipeline network, which stretches into gas-rich basins in Colorado, Utah and Wyoming.

If FERC commissioners green-light Jordan Cove, it could set off a massive new drilling boom on public lands within Colorado’s Piceance Basin, Wyoming’s Jonah Field and Utah’s Uintah Basin. Industry is already nominating more leases for drilling on public lands under Trump. And to win approval for the project, the company behind Jordan Cove and its Oregon supporters seeking new jobs have forged a powerful alliance with Rocky Mountain states eager to enter the export market. State government and industry officials from Colorado and Wyoming have even traveled to Asia to woo potential investors and customers.

Still, even under Trump, the project isn’t a sure bet. Stagnating gas prices, caused by a supply glut in recent years, raise questions about the viability of Jordan Cove.

“LNG project rises again, with support from Mountain states”

High Country News, May 31, 2017