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Leucadia-led group applies to export Canadian natural gas via Oregon

  • A holding company majority owned by Leucadia National Corp. (LUK) applies for permission from Canada's National Energy Board to export nearly 1.3B cf/day of natural gas from fields in British Columbia and Alberta to feed a proposed $6B export plant in Warrenton, Ore.
  • The group still needs approval from the U.S. FERC to export the gas to non-free trade agreement countries.
  • Another project, backed by Versen (FCGYF), is seeking to export up to 1.55B cf/day from Canada along existing pipelines to a proposed export plant in nearby Coos Bay, Ore.
  • LUK +1.1% AH.
Comments (3)
  • DeepValueLover
    , contributor
    Comments (8701) | Send Message
     
    Leucadia still doing work in the energy space post-merger.

     

    Nice.
    14 Jan, 08:14 AM Reply Like
  • freeman8201
    , contributor
    Comments (626) | Send Message
     
    here's the link to the article http://bit.ly/1ho7Jjs
    14 Jan, 04:57 PM Reply Like
  • freeman8201
    , contributor
    Comments (626) | Send Message
     
    yeah...I posted in an artlice on (LUK) that had a link to Leucadia's subsidary proposing for permits in Oregon. They're applying for a special econmic zone in that town. How much does shell/apache plan to export LNG when their Kitimat project is done?
    14 Jan, 04:42 PM Reply Like
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