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Quoddy Bay LNG Does Not Foresee Long-Term Problems for Proposal Despite Recent Setback

Donald Smith, president of Quoddy Bay LNG, told Platts LNG Daily [subscription required] that he does not anticipate any long-term problems for the company's LNG proposal for Maine, despite FERC's decision to suspend review of Quoddy Bay's LNG terminal application. In its letter announcing the decision, FERC stated that it did not have enough information to continue to review the application at this time. Smith told Platts that he expects to provide the information requested by FERC before the end of the summer.

Full post as published by LNG Law Blog on April 29, 2008 (boomark / email).