January 25, 2019 – S&P Global Platts
US LNG export project timelines face uncertainty in market amid regulatory questions
By: Harry Weber & Maya Weber
Houston — The Federal Energy Regulatory Commission's inaction on Venture Global LNG's permit application for its Calcasieu Pass export terminal in Louisiana is raising concerns in the market about a broader impact on approval schedules set for other projects.
The last FERC meeting marked the second straight month in which a natural gas infrastructure project was removed from the meeting agenda, he noted.
Rick Smead, RBN Energy managing director of advisory services, agreed that missing the target date for Venture Global LNG's project is of concern.
"What we've got is basically a 2-2 commission, and if they don't resolve how they're going to deal with GHG issues, stuff is just getting held up, and it's just very unpredictable to see how it's going to come out," he said.