Jordan Cove held Open House events across Southern Oregon in Coos, Douglas, Jackson and Klamath Counties on March 21 through the 24th 2017. Hundreds of local opponents of the project showed up at each of the Open House events, many protesting outside, while Jordan Cove resorted to busing in supporters from outside of Southern Oregon to make the project appear to have local support. The bus riders wore orange and yellow shirts and stood around in attendance at the entire 4-hour Open House events.
Jordan Cove had plenty of large poster-boards and staff to promote their project at each event as well. However, there seemed to be a significant lack of knowledge on behalf of the staff, many of whom were new. While some components of the prior proposed LNG project have clearly changed, the underhanded way Jordan Cove goes about promoting the project clearly has not. I do have to wonder if the foreign investors of this project realize just how their money is being spent.
FERC Staff Attend Open House Events
The Federal Energy Regulatory Commission, who accepted Jordan Cove’s January 23, 2017,“Request for Approval of a Pre-Filing Review Process” in a FERC Order issued on February 10th, also had staff in attendance at each of the four Open House events. Citizens were encouraged to sign up to be notified about upcoming FERC scoping hearings for Jordan Cove, likely to be held a few months from now. This will begin the National Environmental Policy Act (NEPA) process for the Project for the third time. The FERC scoping process will be a key avenue for citizens to request that their concerns and issues about the project are addressed.
The Williams Pipeline Company appears to no longer be with the Project. This is the second American Corporation to have left the project, the first being the Pacific Gas and Electric Company of California who left in 2012. The Jordan Cove Project, including their proposed pipeline, is now 100% foreign owned and controlled and has no experience whatsoever in building and transporting Liquefied Natural Gas from a Port facility.
Jordan Cove’s lack of knowledge and experience was very apparent in Jordan Cove’s staff comments downplaying LNG and natural gas pipeline hazards and earthquake liquefaction hazards in the Pacific Northwest. Jordan Cove personnel have clearly not done their homework and obviously missed the U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) Public Workshop on Liquefied Natural Gas (LNG) that was held in May of last year.
No International Market for Jordan Cove
Recently several much larger and experienced gas industry players have pulled their proposed LNG export projects, citing low LNG prices and unfavorable market conditions. On March 22nd it was reported that the Japanese-based firm Resources Energy, Inc.(REI) had cancelled its plans to build an LNG plant at Port MacKenzie, Cook Inlet, Alaska. On March 10th Royal Dutch Shell PLC announced it had “officially shelved” its plans to build the Prince Rupert LNG export project at Ridley Island, British Columbia (BC). On March 20th Bloomberg reported that the Chevron Corp. had signaled the end of major new LNG projects in Western Australia and was unlikely to sanction an expansion of its Gorgon and Wheatstone export developments as it focuses on boosting returns from $88 billion of investment.
Bloomberg also reported that the growing supply glut will likely deter significant investment in new Australian LNG projects beyond 2017 with doubts growing over the feasibility of planned floating facilities. Planned FLNG projects in Australia including Woodside Ltd.’s Browse and Sunrise facilities and Exxon Mobil Corp.’s Scarborough may not proceed due to a more competitive operating environment.
According to Thomson Reuters data, new production has resulted in global installed LNG capacity of over 300 million tonnes a year, while only around 268 million tonnes of LNG were traded in 2016.
Demand is flat, and in a number of key markets, including Japan, it is actually falling. According to a post by Nick Butler, by 2019, if everything goes to plan, Gazprom will be supplying another 55bn cu feet of gas through the new Nordstream 2 line into a European market where demand is declining as subsidized renewables gain market share. And looking further beyond 2020, comes Iran, which is actively seeking a share in the market to exploit its huge low-cost gas resource base. The Iranians join a queue of countries from Turkmenistan to Australia with gas waiting to be developed.
Everyone should be very concerned with respect to the proposed Jordan Cove LNG Project as their staff continue to ignore these market signs and concerns and the severe safety and environmental hazards that are specific to this particular LNG project. Sticking ones head in the sand will not make these issues go away nor fix the poor siting location of the proposed Jordan Cove Project, one of the worst sited LNG projects currently proposed.
Despite all this, Jordan Cove continues to process Conditional Land Use permits for their “older” LNG terminal design that is now no longer valid, forcing citizens to argue against project components that essentially no longer exist. At the same time Jordan Cove continues to falsely tell investors that they have obtained these permits. I wonder what will happen when investors find out the truth..?
IN THE NEWS
(If) a pipeline runs through it
North Bend couple opposes LNG Pipeline, Jordan Cove
By Spencer Cole
Mar 23, 2017
MORE OPEN HOUSE RALLY PHOTOS