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Bullboard - Stock Discussion Forum Veresen Inc. T.VSN.DB.B

TSX:VSN.DB.B - Post Discussion

Veresen Inc. > Washington and FERC's view of Jordon Cove Changes
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Post by hawk35 on Mar 02, 2017 6:32pm

Washington and FERC's view of Jordon Cove Changes

CEO comments on Washington's changing attitude towards Jordon Cove during the conference call.

"Having visited Washington twice in the last few weeks, and through our discussions with FERC, we feel that the attitude on Capitol Hill towards projects of this nature has shifted.

Jordan Cove is good for American jobs, it supports American exports, and it helps trade in balances with foreign buyers. These are considered to be top priorities for the current administration. So, we've begun the process of refiling for our FERC application. We were granted pre-filing status in early February, meaning we will be able to formally submit our application to FERC in the second half of the year."

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