The Institute for Energy Economics and Financial Analysis (IEEFA), a nonprofit organization focused on research and analysis of global energy markets and trends, provides the following comments in response to the Notice of Preparation of a draft supplemental Environmental Impact Statement (EIS) for Texas LNG Brownsville LLC, Docket No. CP16-116-000. These comments are intended to address new or omitted information that was either not available or not considered by the applicant or the Federal Energy Regulatory Commission (FERC) in the supplemental draft EIS that impact the determination of whether the project is inconsistent with public interest.
The proposed Texas LNG project involves the construction of a liquefied natural gas (LNG) export terminal with 4 million tonnes per annum (MTPA) of nameplate liquefaction capacity located on the Brownsville Ship Channel near Port Isabel, Texas. Our comments address the question of whether the economic risks of this project align with public interest.