Tuesday, September 24, 2013

Oregon eyes opportunity to ship Canadian LNG to Asian markets

Two Oregon companies are putting forward proposals to build LNG shipment terminals, looking to join the growing list of export facilities, but in the case of the Oregon proposals, providing a bit of a twist on the business models being proposed for the North Coast of British Columbia.

The Oregon LNG terminal is proposed for the Skipanon Peninsula, while another terminal is proposed to be built and operated by Veresen at its Jordan Cove LNG project.

Both of the proposed Oregon projects hope to tap into the Canadian Natural Gas markets and provide an answer for those small and middle sized Canadian companies looking to find a way to get their gas to world markets.

They are designed to service those Canadian companies that, unlike the larger players in the industry (including the ones staking out turf on the North Coast) may not have the financial resources to develop their own export terminals.

The two proposed terminals would be smaller in scope than the large scale developments proposed by the large Global energy companies for the Kitimat and Prince Rupert regions. You can review some of those North Coast proposals from our LNG archive page.

Both proposals are still subject to a number of regulatory and environmental examinations. There has been significant opposition expressed by a number of Oregon residents regarding the proposals.

The background on the two proposals can be found below

Oregon LNG
Jordan Cove LNG Project

Below find some Media items on the proposed LNG developments in Oregon.

Globe and Mail-- Proposed Oregon projects could open door to Asia for Canada's natural gas
The Oregonian-- Oregon LNG goes for federal license, says approval would override county opposition
The Oregonian-- Jordan Cove files formal application for liquefied natural gas export in Coos Bay
Portland Business Journal-- Coos Bay LNG project shifting to exports

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