Jordan Cove LNG - Ferc Environmental ApprovalGood evening all,
Yesterday the Federal Energy Regulatory Committee issued Pembina's Jordan Cove LNG a final environmental report.
While the may seem far afield compared to Macro's back yard, the general thesis is that gas for the WCSB would be used in Jordan Cove. This is positive news for the industry and supports the ongoing building out pipeline infrastructure in Macro's region. Furthermore, the case for expansion on Enbridge's T-South line continues, of which, I would expect Macro to obtain meaningful contracts.
Link >>>
https://ca.reuters.com/article/businessNews/idCAKBN1XP2B5 Have a great weekend,
LR