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Jordan Cove Energy Project OK’d to export LNG

Keywords: Tags  liquefied natural gas, LNG, LNG exports, Jordan Cove Energy Project, Energy Department, free-trade agreement, FTA, Energy Information Administration Thorsten Schier

NEW YORK — Jordan Cove Energy Project LP has received conditional approval from the U.S. Energy Department to export liquefied natural gas (LNG) to countries that don’t have a free-trade agreement (FTA) with the United States from its Jordan Cove LNG terminal in Coos Bay, Ore.

The facility can export 800 million cubic feet of natural gas per day for 20 years, subject to environmental review and final regulatory approval.

“The development of U.S. natural gas resources is having a transformative impact on the (domestic) energy landscape, helping to improve our energy security while spurring economic development and job creation around the country,” the agency said, adding that the U.S. Energy Information Administration is predicting record natural gas production of 72.02 billion cubic feet per day in 2014.

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