In order to secure rights to property owners’ property via eminent domain, LNG pipeline developers must show the connecting facility is only for import, not export. Bob Braddock, of Jordan Cove Energy Partners, LLC was recently quoted in the Platts LNG Daily as saying Jordan Cove, Coos County Oregon could convert to an export terminal.
This is what Braddock has told The World newspaper regarding reports the proposed Jordan Cove LNG import facility
The project manager of the proposed Jordan Cove liquefied natural gas terminal hastened Wednesday to disclaim a report that his company was considering changing the terminal into an export facility…’No, it’s a stupid idea,'” he said…
Bob Braddock said he did tell the energy newsletter Platts LNG Daily that his company had entertained inquiries about using the facility to convert domestic gas to LNG for export.
‘But the leap of faith (in the article) from ‘mulling over’ to ‘redesign’ was enormous,” he said.
Here is what he told Platts LNG Daily
“We have thought about (exporting LNG) off and on because every time people look at Kitimat they come to us and ask us if we have,” said Jordan Cove Project Manager Bob Braddock.
With US gas prices expected to remain below $5/MMBtu for the near future, the search for higher-priced markets has already led some producers and market players to search for more options for domestically produced gas. The Kitimat LNG project in British Columbia announced in 2008 that it would switch from importing to exporting LNG. Since then, the economics of US gas have changed considerably and Kitimat is no longer the only potential North American LNG export terminal on the horizon. Over the past year, two existing LNG import terminals—Freeport LNG and Sabine Pass along the
US Gulf Coast—have applied to export US gas as LNG.“We have received inquires from people who have production so we are starting to mull it over in our minds … (but) in the end of the day it’s the terminal users that will make that decision,” Braddock said. “We are the party that provides infrastructure for the users, so if they came to us and said, ‘We would like you to (switch to exporting,’ we would.”
“At the time Kitimat first proposed reversing the flow (to export) we thought it was a dumb idea, and I think that observation was made because we failed to understand how dramatic the growth in shale gas was going to be,” Braddock said. “That’s the way we looked at it then. Today I guess we’ve
reached the point where we just don’t know whether it makes sense or not … at a high level we’ve noodled over it.”
Read the Platts LNG Daily in full
My final MGX posting. Adios. One of my favorite subjects. Jody McCafffree and I do not always agree – I admire what she has done to study the subject matter and to inform her neighbors so they may make educated decisions. Her husband has received too much undeserved grief solely because he supports his wife. By far, he is one of the nicest folks I have met in this county. Apparently the flim flam LNG man has forgotten that his pipeline pals told us that the capacity of that terminal had been easily sold – now he seeks users. He promised us two small chip ship size vessels monthly – now eight humongous vessels monthly. He promised one small storgae tank – now two huge. He promised to use the county pipeline – now he’s building his own pipeline. He told us that LNG wont burn when returning to its gaseous state – don’t belive it. He told us that a tsunami resulting from the expected Cascadia Subduction Zone 9.1 earthquake will never damage his facility to be intentionally sited along the path of the massive amount of water expected. Been watching TV lately? That water is coming over the North Spit and because of the wrap around effect – up that channel with major force. This was a man desperate for a west cost home. Nobody from the Canadian border to TiJuana – and even in TiJuana – wanted his LNG factory. You folks had an opoortunity to negotiate a deal favorable to the people. Senen years ago what you needed was clearly made known. More than 300,000 Oregonians – more than 1.2 million folks world wide – read and then went back to sleep. Your elected professional politicians chose not to listen and assure the safety of the people. Instead they gave the LNG man who will potentially be making billions of dollars off of the terminal – tax relief. Say what!! Holy Crapola Batpeople. The tsunami last week demonstrated that the sand of the North Spit will disappear. The storage tanks built on pilings may or may not topple. If they do, it’s all aimed at you North Bend. The piping at the LNG factory will be severely damaged – Google Kobe earthquake that was only 6.4. The electrical generator that keeps the LNG from boiling may cease operation even if Braddock has his natural gas power generating station. And now – after all of the broken promises – we are expected to believe that Barddock does not envision whatever will make the most money for the company – import or export. Want to buy a bridge? Sayonara Coos County earthquake country! We experienced Northridge and Loma Prieta as nearby homeowners. Hopefully it wont be a threesome. We are counting the days until we are far away in summer 2012.