FERC Upholds Permits Order for New Fortress Gas Terminal

The Federal Energy Regulatory Commission upheld its ruling that requires New Fortress Energy Inc. to apply for a permit for its liquefied natural gas (LNG) terminal at the Port of San Juan, which was built and currently operates without complying with the federal Natural Gas Act (NGA), according to the regulator. 

During a July 15 meeting, FERC denied a rehearing request the developer filed to the commission’s March 19 order that asserted jurisdiction over the import terminal, the Institute for Energy Economics and Financial Analysis (Ieefa) reported. 

“The majority of the commissioners still believe the project is jurisdictional to the commission under the language of the Natural Gas Act,” FERC Chairman Richard Glick said in the energy watchdog’s report, adding that the order came to the same determination articulated in the original order (CP20-466). 

To read the full report, check out this week’s edition at newsstands or subscribe to our e-paper at https://caribbeanbusiness.com/epapers/

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