Waller LNG Services filed an application with the U.S. DOE for authority to export up to 1.25 million metric tons per year (approximately 58.4 Bcf ) of natural gas per year, for a 25-year term.
Waller Point LNG is seeking authorization to export domestically produced LNG from its proposed liquefaction facilities and terminal, Waller Point LNG Terminal, presently under development by Waller Marine for intended construction, ownership and operation at its approximate 180 acre site which it has secured at the entrance point of the Calcasieu Ship Channel in Cameron Parish in Southwest Louisiana, to any nation that currently has or develops the capacity to import LNG and with which the United States currently has, or in the future enters into, a Free Trade Agreement (FTA) requiring the national treatment for trade in natural gas and LNG.
Waller Point LNG is requesting authorization to export LNG both on its own behalf and as agent for other parties who themselves hold title to the LNG at the time of export. Pursuant to the Energy Policy Act of 1992, which amended Section 3 of the NGA, applications, such as this one, that seek authorization to export LNG to nations with which the U.S. has an FTA are entitled to the statutory presumption that such exports are “deemed to be in the public interest” and “shall be granted without modification or delay.”
LNG World News Staff, October 19, 2012; Image: Waller Marine