trending Market Intelligence /marketintelligence/en/news-insights/trending/EH2KGGq57-ncBIvR4Tkuuw2 content esgSubNav
In This List

Eagle LNG applies to FERC for small Fla. export terminal

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Q4’21 US Power Forecast: Will high commodity prices accelerate the energy transition?

Blog

Infographic: Q4’21 US Battery Storage by the Numbers


Eagle LNG applies to FERC for small Fla. export terminal

Eagle LNG Partners submitted a formal application to FERC for its proposed 1-million-tonne-per-annum liquefaction and export terminal that would service Caribbean demand and the maritime industry.

Dick Brown, CEO of Eagle LNG, said in a Jan. 31 news release that the developer hopes to receive approval by the first quarter of 2018 so that the Jacksonville, Fla., project can be completed in 2019.

"Many Caribbean countries currently rely on petroleum to supply a large portion of their electricity needs," the statement said. "This project supports their tremendous desire and interest to have a cleaner energy solution that provides a direct and reliable supply of LNG from a liquefaction source at predictable cost." Eagle LNG also plans to supply fuel for marine bunkering to help the maritime industry meet stricter emissions standards.

The FERC library showed an application had been submitted, but the documents were marked "privileged."

Eagle LNG Partners, owned by Ferus Natural Gas Fuels, received FERC approval in December 2014 to enter the prefiling process with its proposed export terminal. Developers applied to the U.S. Department of Energy in January 2016 for authorization to export up to 49.8 Bcf of LNG per year to free-trade-agreement and non-FTA countries.

FERC staff noted in an October 2016 project update that there were objections to the project's potential effect on the surrounding environment, including harm to threatened and endangered species, as well as broader impacts on the environment such as contribution to climate change and sea level rise. The facility could also add light and noise pollution and affect air and water quality in the area. (FERC docket PF15-7)

Attorney James Bowe Jr. said in a Jan. 17 letter to FERC that the developer would file a formal application for the project despite pending litigation in a Florida court. A landowner adjacent to the planned site claims rights granted by a 1961 agreement, which gave the buyer of the land certain entitlements if a third party developed a dock or wharf. On Nov. 14, 2016, Eagle LNG filed with the court, arguing that the agreement "is no longer of any force and effect and does not impact in any manner the real property which Eagle LNG is in the process of purchasing," Bowe told FERC. (Circuit Court, Fourth Judicial Circuit in and for Duval County, Fla., docket 16-2016-CA-007198)

The proposed Eagle LNG project would include three liquefaction trains and one LNG storage tank, as well as a marine load-out facility and a dock that could accommodate small to midsize LNG vessels and bunkering barges. (FERC docket CP17-41)