Gulfstream LNG has now entered the application phase of the FERC permitting process. During this final phase of the FERC process, the project will undergo further evaluation for regulatory compliance and other statutory requirements, ultimately leading to the drafting of an environmental impact statement and FERC Order authorising construction. Currently, the only other project in the application phase is an expansion of an existing facility. Since Gulfstream LNG in May 2024, no new greenfield LNG export project proposals have initiated the FERC process, highlighting the limited availability of future suitable sites for development in the US.
Vivek Chandra, CEO and Founder of Gulfstream LNG, announced: “We are proud to be the first new greenfield project in more than five years to complete the FERC pre-filing phase and receive approval of our application from FERC. This represents a significant regulatory milestone as we progress toward a final investment decision and our goal of delivering low-carbon, affordable LNG to the global energy market by 2030.”
