Canadian energy infrastructure firm Veresen is hoping to be third-time lucky as it files an application with US regulators to approve its planned liquefied natural gas (LNG) export terminal in Oregon, according to Bloomberg.
Twice before, the Federal Energy Regulatory Commission (FERC) has knocked back the $10bn Jordan Cove facility in Coos Bay.
FERC’s previous rejections in March and December of 2016 were on grounds that the project was unnecessary and could cause environmental damage.
For this iteration Veresen has proposed changes to the route of a pipeline supplying the terminal.
If realized, Jordan Cove LNG would be a shipping point for transporting Rocky Mountains natural gas to markets in Asia, particularly Japan.
Veresen has been encouraged to try again because of positive noises about LNG exports from the US administration of President Donald Trump.
Calgary, Alberta-based Veresen is involved in pipelines, natural gas and power generation. It is listed on the Toronto Stock Exchange.
