The permit application filed by Commonwealth LNG to build an export terminal in southwest Louisiana was formally accepted by Federal Energy Regulatory Commission on Tuesday morning.
The project is expected to be in service by the second quarter of 2023 as per the timeline submitted in Commonwealth LNG's application. The proposed export terminal will receive 390.6 billion cubic feet of natural gas per day from a pipeline to make 8.4 million metric tons of LNG per year.
The company is seeking permission to build six liquefied natural gas production units known as trains on a 393-acre property along the Calcasieu Ship Channel about 50 miles south of Lake Charles.
FERC's formal acceptance of the permit application is an important step in moving the proposed project closer to a final investment decision, said Commonwealth LNG President and CEO Paul Varello in a statement.