% | $
Quotes you view appear here for quick access.

Cheniere Energy, Inc. Message Board

  • nocashleft47 nocashleft47 Mar 27, 2012 11:04 AM Flag

    Cheniere is waiting for a certificate from FERC

    Cheniere is waiting for a certificate from FERC for Sabine Pass (see Daily GPI, March 21). The company has a contract with Bechtel for construction that is slated to begin March 31, Wochner said, and it's not looking like Sabine Pass will get through the FERC process in time for the deadline.

    Wochner said he was "very confused" as to why Cheniere would have set a start date of March 31 given how long it can take for things to happen at FERC. While the company and Louisiana's congressional delegation are pushing FERC to move fast, Wochner said Cheniere is facing headwinds created by a group called the Gulf Coast Environmental Labor Coalition (GCELC), which isn't quite what its name would suggest.

    "My own sense, and this is I would say is a highly educated guess, is that they are funded by opposition to Cheniere," Wochner said of GCELC. "They have filed pleadings [CP11-72-000] that are extremely well written pleadings -- expensive lawyers. They have done significant environmental analysis. They have been really, really bird dogging Cheniere on these air issues, and this is not just a fly-by-night Gulf Coast environmental group that has a few dollars to throw. These folks are going to go the distance on this issue. I don't think they really care about the air permit issues. I think they're trying to slow Cheniere down."

    SortNewest  |  Oldest  |  Most Replied Expand all replies
41.08+0.96(+2.39%)Jul 22 4:00 PMEDT