$6B Oregon LNG Project Clears Another FERC Hurdle

Law360, New York (August 10, 2015, 9:28 PM EDT) -- Leucadia National Corp.'s planned $6 billion liquefied natural gas export terminal on the Oregon coast passed another milestone on the road to completion, with the Federal Energy Regulatory Commission's issuing a draft environmental impact statement Friday.

In announcing the agency's decision, the Oregon LNG project noted that the EIS covers the terminal, the Oregon Pipeline connector project, and upgrades to a portion of the Williams Co. pipeline in neighboring Washington. The terminal will export LNG to countries without free-trade agreements with the U.S.

FERC will accept public comment until Oct. 6, 2015, and wrap up its approval process by issuing a...

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