October 28, 2008

Oregon LNG Takes Another Step Forward in Approval Process

The Federal Energy Regulatory Commission (FERC) has officially accepted Oregon LNG's formal application. 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.

FERC posted acceptance of the application on Monday, October 27, 2008. The project has already successfully completed local land-use approvals.

"Our FERC application included extremely detailed and specific studies on every aspect of the project," said Peter Hansen, chief executive officer of Oregon LNG. "FERC's response confirms that our studies meet the standards of the federal approval process. We look forward to continuing to work with local, state and federal agencies in order to address all elements of the approval process to their satisfaction."

The formal application included dozens of specific resource reports. The documents can be viewed online at www.OregonLNG.com or at www.ferc.gov under Docket No. CP09-6.

With Monday's acceptance of the application, Oregon LNG is proceeding on schedule with the federal approval process. The company anticipates that 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.

Oregon LNG is a proposed liquefied natural gas (LNG) facility in Warrenton, Ore. Its sister company, Oregon Pipeline, is a proposed pipeline that will deliver affordable natural gas to customers in Oregon, Washington and other western states. Visit www.OregonLNG.com for more information.