Coastal Bend LNG Initiates Formal Permitting and Consultation Process
Coastal Bend LNG Initiates Formal Permitting and Consultation Process
Coastal Bend LNG announced today that it has initiated the formal permitting process for its proposed liquefied natural gas (LNG) export facility along the Texas Gulf Coast. Coastal Bend LNG submitted a request to the Federal Energy Regulatory Commission (FERC) to initiate the pre-filing review and expects to file its formal application with FERC under Section 3 of the Natural Gas Act in early 2027.
The Coastal Bend LNG project comprises four liquefaction trains of 4.8 million tons per annum (MTPA) each, for a total nameplate capacity of 19.2 MTPA, together with associated storage and vessel loading infrastructure. The facility is designed with integrated carbon capture facilities so Coastal Bend LNG can contract transport and geological sequestration of carbon dioxide.
"This is a key milestone for Coastal Bend LNG and reflects our disciplined engineering, commercial, and regulatory execution," said Nick Flores, Chief Executive Officer, Coastal Bend LNG. “We look forward to working transparently and collaboratively with FERC, cooperating agencies, our communities and other stakeholders throughout the review process.”
"Our location on the Texas Gulf Coast superimposes three geographic advantages not replicated elsewhere: direct connectivity to Texas’s abundant natural gas supplies, proximity to some of the world's most favorable geology for carbon sequestration, and the flexibility to serve both Asian and European markets with an emissions profile that meets the CLEAN initiative's transparency expectations and supports buyers’ compliance with the EU Methane Regulation,” added Keith Shoemaker, Chief Commercial Officer, Coastal Bend LNG.
The initiation of FERC pre-filing follows a series of recent project milestones, including the selection of ConocoPhillips’ Optimized Cascade® Process as the liquefaction technology, and KBR and Técnicas Reunidas as FEED and EPC contractors. All filings will be reviewed prior to submission by the Energy Regulatory practice of Skadden, Arps, Slate, Meagher & Flom LLP.
About Coastal Bend LNG
Coastal Bend LNG is a privately held energy infrastructure development company redefining LNG production with integrated carbon capture and storage to deliver American energy to the world. For more information, visit www.coastalbendlng.com.
Corporate Communications, Coastal Bend LNG
pr@coastalbendlng.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260803571433/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for October
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
3 Stocks to Invest In With More Room to Run