Coast Guard approves navigation plan for Massachusetts LNG project

摘要

The U.S. Coast Guard has approved navigational and security plans for a proposed offshore LNG facility in Mount Hope Bay that would let tankers transfer their loads through a pipeline to a storage terminal in Fall River, Mass.rnWhile final approval lies with the Federal Energy Regulatory Commission (FERC), which will likely hold a series of hearings in late 2009, Weaver's Cove Energy, the company developing the project, is optimistic. Jim Grasso, spokesman for Weaver's Cove, said the company hopes to break ground in about a year andrnhave gas flowing by 2015. FERC has already tentatively approved the onshore terminal and processing facility, but they have not been built.