(WMB) Williams Companies and PG&E Corp Get FERC OK For LNG Terminal and Pipeline
Pacific Connector Gas Pipeline LP, a limited partnership between Williams Pacific Connector Gas Pipeline LLC, PG&E Strategic Capital Inc. and Fort Chicago LNG II U.S. LP, announced that it has received approval from the Federal Energy Regulatory Commission (FERC) to construct and operate the Pacific Connector Gas Pipeline. The proposed natural gas pipeline will be a 234-mile, 36-inch diameter pipeline.
The FERC has also authorized the Jordan Cove Energy Project LP, a limited partnership between Fort Chicago LNG II U.S. LP and Energy Projects Development LLC, to site, construct and operate the Jordan Cove Energy LNG terminal. The Jordan Cove is a state-of-the-art LNG import terminal to be located in the International Port of Coos Bay in Oregon.
Together, the Jordan Cove – Pacific Connector project is expected to import and transport up to 1 billion cubic feet of natural gas per day from the liquefied natural gas (LNG) terminal in Coos Bay to Malin, Oregon. The project will provide an additional source of natural gas supply to markets in the Pacific Northwest, northern California and northern Nevada.
The applications for the Pacific Connector and Jordan Cove project were filed with the FERC on Sep 4, 2007 and the project received a Final Environmental Impact Statement (FEIS) on May 1, 2009.
When built, the Jordan Cove Energy facility will be capable of receiving LNG supplies from specially designed marine vessels and delivering natural gas through interconnecting pipelines to the Pacific Northwest and adjacent markets.
The Pacific Connector project includes interconnects to Williams’ majority-owned Northwest Pipeline near Myrtle Creek, Oregon, Avista Corporation’s distribution system near Shady Cove, Oregon, as well as Pacific Gas and Electric Company’s gas transmission system, Tuscarora Gas Transmission’s system, and Gas Transmission Northwest’s system, all located near Malin, Oregon.
Williams Companies Inc. (WMB), through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams’ operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and the Eastern Seaboard.
PG&E Strategic Capital, Inc. is a wholly owned subsidiary of PG&E Corp. (PCG), an energy-based holding company. PG&E is also the parent company of Pacific Gas and Electric Company, one of the largest investor-owned gas and electric utilities in the country. Pacific Gas and Electric Company serves approximately 15 million customers in northern and central California.
Based in Calgary, Alberta, Fort Chicago is engaged in three principal businesses: pipeline transportation, NGL extraction and power.
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