Fort Chicago Energy Partners L.P. announced that on August 29, 2008, Jordan Cove Energy Project L.P.
and Pacific Connector Gas Pipeline, L.P. each received a draft Environmental
Impact Statement ("EIS") issued by the Federal Energy Regulatory Commission
("FERC") in the United States.
Each of Jordan Cove Energy Project L.P. and
Pacific Connector Gas Pipeline, L.P. had filed in September 2007 an
application to FERC for approval to construct a liquefied natural gas ("LNG")
import terminal ("Jordan Cove LNG") and an interstate natural gas transmission
system ("Pacific Connector"), respectively. Jordan Cove Energy Project L.P. is
a subsidiary of Fort Chicago and Pacific Connector Gas Pipeline, L.P. is a
limited partnership between wholly owned subsidiaries of The Williams
Companies Inc., PG&E Corporation and Fort Chicago.
The draft EIS assesses the LNG terminal proposed for Coos Bay, Oregon and
the Pacific Connector gas pipeline, which would extend 230 miles from the
terminal to Malin, Oregon.
"The release of the draft EIS enables FERC to stay on its schedule for
the project," said Stephen White, Fort Chicago's President. "The Jordan Cove
LNG and Pacific Connector projects will continue to work with local, state and
federal agencies, as well as the public, throughout the process."
FERC's schedule, published in June, calls for a final Environmental
Impact Statement to be issued February 13, 2009 and a final decision on the
Jordan Cove LNG and Pacific Connector projects by May 14, 2009. A draft EIS is
intended to inform the public and government agencies about the potential
environmental impacts of proposed projects. The draft statement will be
subject to further review and public comment before FERC issues a final
The draft EIS can be downloaded from the FERC website at: http://www.ferc.gov/industries/lng/enviro/eis/2008/08-29-08-eis.asp.
Additional information about the projects can be found online at: http://www.jordancoveenergy.com/and http://www.pacificconnectorgp.com/.
Fort Chicago is a publicly traded limited partnership based in Calgary,
Alberta, that owns and operates energy infrastructure assets across North
America. Its Class A Units are listed on the TSX under the symbol FCE.UN and
have been assigned a stability rating by Dominion Bond Rating Service and
Standard & Poor's of STA-2 (low) and SR-2, respectively. Fort Chicago is
engaged in three principal businesses: a pipeline transportation business
comprised of interests in two pipeline systems, the Alliance Pipeline and the
Alberta Ethane Gathering System; an NGL extraction business which includes a
significant interest in a world-class extraction facility near Chicago; and a
power business with cogeneration facilities in Ontario and California,
district energy systems in Ontario and Prince Edward Island and waste heat
power facilities along the Alliance Pipeline. Fort Chicago and its businesses
are also actively developing a number of greenfield investment opportunities
that will be a key source of future growth, including LNG and pipeline
facilities on the U.S. west coast, Alberta-based ethane and NGL extraction
facilities, repowering and expansion opportunities at the California power
facilities and a Nova Scotia-based underground natural gas storage facility.