The chief of a planned West Coast coal export terminal says the project is now on the fast track to approval despite a series of regulatory and advocacy setbacks.
“We’re now on the freeway,” Bill Chapman, president and CEO of Millennium Bulk Terminals-Longview, told S&P Global Market Intelligence.
The planned terminal received a permit from Cowlitz County in Washington state for its plan to protect wetlands and fish habitats in the area on July 19.
Millennium Bulk now has 22 more permits to go of the 23 identified in a final environmental impact statement. The remaining permits needed are mostly local but also include three state permits and two federal permits.
As for the state permits, he predicts they will receive them by early 2018 and Millennium Bulk will actually put shovels in the ground by 2019 for a planned two-year construction period.