Sunday, October 12, 2008

Oregon LNG Files With F.E.R.C.

Last update: 4:42 p.m. EDT Oct. 10, 2008

WARRENTON, Ore., Oct 10, 2008 (BUSINESS WIRE) -- Today, Oregon LNG filed its formal application with the Federal Energy Regulatory Commission (FERC). The filing represents a major milestone as the liquefied natural gas project proceeds toward permit approval.
"This filing demonstrates that Oregon LNG is moving ahead on schedule with the approvals process and, ultimately, toward project completion.

The formal application is important because it further demonstrates the feasibility of our project," said Peter Hansen, chief executive officer of Oregon LNG.

"From the beginning, our approach has been different. We focused on securing local approvals first, and then moved to the federal process," Hansen said.

As a result, Oregon LNG is the only LNG project in Oregon that has received its land use approvals and successfully completed the appeals process.

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