The Directors of Liquefied Natural Gas Limited advises that the United States Federal Energy Regulatory Commission (FERC) has issued the Notice of Schedule for Environmental Review (SER) for the Company’s Magnolia LNG Project, setting November 16, 2015 as the anticipated date for issuance of the project’s final environmental impact statement (FEIS).
The SER is a critical milestone for the Magnolia LNG project. In addition to establishing the FEIS issuance date, it also establishes a 90‐day post‐FEIS decision deadline for all agencies responsible for issuing related federal authorizations including FERC.
The timeline for publishing the FEIS includes completion and issuance of the draft environmental impact statement (DEIS) and receipt, review, and incorporation of comments by government agencies, non‐governmental organizations, and private citizens into the FEIS, as appropriate.
Issuance of the SER also signals that although FERC may solicit additional information from a project applicant during the period of time between the DEIS and the FEIS, FERC staff has the information necessary on the critical elements of the Magnolia LNG project for it to complete and issue the DEIS.