October 13, 2008

Oregon LNG Files Application to Obtain Permit Approval for Natural Gas Facility

Oregon LNG has filed its formal application with the Federal Energy Regulatory Commission. The company said that the filing represents a key landmark as the liquefied natural gas project proceeds toward permit approval.

Oregon LNG is a proposed liquefied natural gas import facility located on the Skipanon Peninsula in Warrenton, Oregon. The project will increase natural gas supplies in the Pacific Northwest and other western states.

With the application filed, Oregon LNG said that it has begun another round of meetings with potential capacity customers to continue discussions about moving forward. The company anticipates that the Federal Energy Regulatory Commission (FERC) will issue a draft environmental impact statement in the first quarter of 2009 and a final environmental impact statement in mid-2009.

Construction of the import facility and an associated pipeline is anticipated to begin in 2010. The project is expected to begin serving customers in 2013.

Peter Hansen, CEO of Oregon LNG, said: "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."