Jordan Cove gets approval from DOE to export LNG
The U.S. Department of Energy (DOE) has authorized the export of domestically produced liquefied natural gas (LNG) from the proposed Jordan Cove LNG Terminal in Coos Bay, Ore.
“Today’s export authorization for Jordan Cove, the first U.S West Coast LNG project, will ease access to further position the U.S. as a top supplier of LNG around the world,” Energy Secretary dan Brouillette said. “Today’s issuance to Jordan Cove serves to further expand opportunities for U.S. LNG abroad, particularly in the growing markets of Asia, and encapsulates what the Trump Administration has been working hard on for the past three years – providing reliable, affordable, and cleaner-burning natural gas to our allies around the world.”
The Jordan Cove Energy Project, owned by Canada’s Pembina Pipeline Corporation, will be allowed to export up to 1.08 billion cubic feet per day of natural gas as LNG. The natural gas will be sourced from both Canada and the United States and will be liquefied at the Jordan Cove LNG Terminal. It will be exported by ocean-going vessel.
“As we work to overcome the COVID-19 pandemic, LNG exports are going to be one of the building blocks toward the United States’ economic recovery,” DOE’s Assistant Secretary for Fossil Energy Steven Winberg said. “The U.S. has exported LNG to 38 countries, with this authorization to Jordan Cove, the United States can look to increase that number with expanded geographic coverage for LNG exports into key importing markets in Asia, providing enhanced economic opportunities both here in the U.S. and globally.”
If built to its authorized capacity, the Jordan Cove LNG Terminal is expected to create over 6,000 jobs during peak construction. It may generate up to $100 million in state and local tax revenue annually.
