Jordan Cove Energy Project, the backers of a controversial proposed liquefied natural gas terminal in Coos Bay, are seeking an export permit for the terminal.
Jordan Cove Energy Project, the backers of a controversial proposed liquefied natural gas terminal in Coos Bay, are seeking an export permit for the terminal.
U.S. gas producers see LNG exports as a lucrative opportunity amid burgeoning domestic supplies due to the development of shale gas fields.
If Jordan Cove moves forward, it could make Oregon a West Coast gateway for markets in Asia. It would also make the state a focal point in the debate over how gas exports would affect domestic prices and energy security.
The Oregonian’s continuing coverage of efforts to bring liquefied natural gas facilities to Oregon.Bob Braddock, project manager of the Jordan Cove LNG terminal, said the company is still testing the waters with potential customers, and won’t go ahead with the expensive and byzantine permitting process without firm commitments from terminal users. The company outlined its plans at an industry conference in Singapore this week to gauge interest among Asian gas buyers.
Read more at OregonLive.com.
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