Quoddy Bay LNG poised for FERC filing -- The Quoddy Tides, Eastport, Maine

Quoddy Bay LNG could file its formal application for a liquefied natural gas terminal at Split Rock, Pleasant Point, with the Federal Energy Regulatory Commission (FERC) as early as September 13.

FERC has received Resource Reports 1-13 filed by Quoddy Bay LNG. Resource Report 13 is the critical document specific to LNG terminals. The report, which was filed by Quoddy Bay LNG on June 13, includes a detailed plan of locations of major components of the facility, safety measures such as hazard, fire and oil containment, a fail-safe system, plus a list of required permits and approvals and their status.

FERC requires that Resource Report 13 be submitted at least 90 days prior to the final filing of a formal application to FERC. Quoddy Bay LNG has said it intends to have all permits for construction by the fall of 2007 and begin operations in the winter of 2009.