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FERC to Reassess Its Continued Review of Downeast LNG

This morning FERC issued a letter ordering Downeast LNG to provide the Commission with a schedule for conducting an open season for  the pipeline associated with its proposed LNG terminal. FERC's letter gives Downeast LNG 20 days to comply with this request or to explain why it does not need to conduct an open season before the Commission completes its Draft Environmental Impact Statement for this project. FERC noted that the lack of an open season and the uncertainty of the environmental analysis has forced FERC to "reassess whether Commission staff's continued efforts and analysis are appropriate under these circumstances." FERC's letter is available in the FERC eLibrary under Docket No. CP07-53.

Full post as published by LNG Law Blog on October 24, 2008 (boomark / email).