FERC Approves AES Sparrows Point LNG Import Terminal In Md
January 15 2009 - 12:36PM
Dow Jones News
The Federal Energy Regulatory Commission on Thursday said it had
approved AES Corp.'s (AES) Sparrows Point liquefied-natural-gas
import terminal in Baltimore County, Md., and a related plan for a
pipeline connecting the project to a bigger system.
In a press release, FERC said it would impose 169 mitigation
conditions on the project, based on recommendations by FERC's
environmental staff. With these conditions, the project "would have
mostly limited adverse environmental impacts," FERC said.
The LNG import terminal and pipeline would bring 1.5 billion
cubic feet a day of natural gas to the northeastern U.S. The
project includes facilities to unload LNG ships and store as much
as 480,000 cubic meters of LNG. FERC said the facility could
increase commercial shipping traffic in Chesapeake Bay by
5%-7%.
Maryland's Congressional delegation had on Tuesday requested
that FERC hold off on voting on the proposed project until
President-elect Barack Obama takes office, citing concerns over
safety and threats to endangered wildlife.
-By Mark Long, Dow Jones Newswires; (201) 938-4427;
mark.long@dowjones.com
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