Magnolia LNG, LLC; Application for Long-Term Authorization To Export Liquefied Natural Gas Produced From Domestic Natural Gas Resources to Non-Free Trade Agreement Countries for a 25-Year Period, 15980-15983 [2014-06353]
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[FR Doc. 2014–06382 Filed 3–21–14; 8:45 am]
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Independence Avenue SW.,
Washington, DC 20585.
DEPARTMENT OF ENERGY
[FE Docket No. 13–132–LNG]
FOR FURTHER INFORMATION CONTACT:
Magnolia LNG, LLC; Application for
Long-Term Authorization To Export
Liquefied Natural Gas Produced From
Domestic Natural Gas Resources to
Non-Free Trade Agreement Countries
for a 25-Year Period
Office of Fossil Energy, DOE.
Notice of application.
AGENCY:
ACTION:
The Office of Fossil Energy
(FE) of the Department of Energy (DOE)
gives notice of receipt of an application
(Application) filed on October 11, 2013,
by Magnolia LNG, LLC (Magnolia),
requesting long-term, multi-contract
authorization to export liquefied natural
gas (LNG) produced from domestic
sources in a volume equivalent to
approximately 394.2 billion cubic feet
per year (Bcf/yr) of natural gas, or 1.08
Bcf per day (Bcf/d). Magnolia seeks
authorization to export the LNG by
vessel from the proposed Magnolia LNG
Terminal, to be located near Lake
Charles, Louisiana (Liquefaction
Project), for a 25-year term commencing
on the earlier of the date of first export
or 10 years from the date the
authorization is granted. Magnolia
requests authorization to export the
LNG by vessel to any country with
which the United States does not have
a free trade agreement (FTA) requiring
national treatment for trade in natural
gas (non-FTA countries), and with
which trade is not prohibited by U.S.
law or policy. Magnolia requests this
authorization on its own behalf and as
agent for other parties who hold title to
the LNG at the time of export. This
application was filed under section 3(a)
of the Natural Gas Act (NGA), 15 U.S.C.
717b(a).
DATES: Protests, motions to intervene or
notices of intervention, as applicable,
requests for additional procedures, and
written comments are to be filed using
procedures detailed in the Public
Comment Procedures section no later
than 4:30 p.m., Eastern time, May 23,
2014.
SUMMARY:
Electronic Filing by email:
fergas@hq.doe.gov.
Regular Mail: U.S. Department of
Energy (FE–34), Office of Oil and Gas
Global Security and Supply, Office of
Fossil Energy, P.O. Box 44375,
Washington, DC 20026–4375.
Hand Delivery or Private Delivery
Services (e.g., FedEx, UPS, etc.): U.S.
Department of Energy (FE–34), Office of
Oil and Gas Global Security and Supply,
Office of Fossil Energy, Forrestal
Building, Room 3E–042, 1000
ADDRESSES:
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Larine Moore or Lisa Tracy, U.S.
Department of Energy (FE–34), Office
of Oil and Gas Global Security and
Supply, Office of Fossil Energy,
Forrestal Building, Room 3E–042,
1000 Independence Avenue SW.,
Washington, DC 20585, (202) 586–
9478; (202) 586–4523.
Edward Myers, U.S. Department of
Energy, Office of the Assistant
General Counsel for Electricity and
Fossil Energy, Forrestal Building,
Room 6B–256, 1000 Independence
Avenue SW., Washington, DC 20585,
(202) 586–3397.
SUPPLEMENTARY INFORMATION:
Background
Applicant. Magnolia states that it is a
Delaware limited liability company with
its principal place of business in
Houston, Texas. Magnolia further states
that it is a wholly-owned indirect
subsidiary of Liquefied Natural Gas
Limited (LNG Limited). According to
Magnolia, LNG Limited is a publicly
listed Australian company formed with
the objective of identifying and
developing LNG projects overseas and
in Australia.
Procedural History. On February 27,
2013, DOE/FE issued Order No. 3245, in
which it authorized Magnolia to export
LNG produced from domestic sources to
FTA countries (i.e., countries with
which the United States currently has,
or in the future will have, a free trade
agreement requiring national treatment
for trade in natural gas) in a volume
equivalent to approximately 197.1 Bcf/
yr of natural gas (0.54 Bcf/d), or 4
million metric tons per annum (mtpa) of
LNG.1
On October 15, 2013, Magnolia filed
a second application requesting
authorization to export domestically
produced LNG to FTA countries in an
identical volume as its first FTA order—
197.1 Bcf/yr of natural gas (4 mtpa of
LNG). DOE/FE granted that application
on March 5, 2014, in DOE/FE Order No.
3406.2 Thus, Magnolia is currently
authorized under both orders to export
LNG to FTA countries in a total volume
1 Magnolia LNG, LLC, DOE/FE Order. No. 3245,
Order Granting Long-Term Multi-Contract
Authorization To Export Liquefied Natural Gas by
Vessel From the Proposed Magnolia LNG Terminal
in Lake Charles, Louisiana, to Free Trade
Agreement Nations (Feb. 27, 2013).
2 Magnolia LNG, LLC, DOE/FE Order. No. 3406,
Order Granting Long-Term Multi-Contract
Authorization To Export Liquefied Natural Gas by
Vessel From the Proposed Magnolia LNG Terminal
in Lake Charles, Louisiana, to Free Trade
Agreement Nations (March 5, 2014).
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equivalent to 394.2 Bcf/yr of natural gas
(1.08 Bcf/d).
In the Application subject to this
notice, Magnolia requests the same total
export volume for non-FTA countries—
394.2 Bcf/yr of natural gas, or 8 mtpa of
LNG. Magnolia states that this requested
non-FTA volume is not additive to its
FTA authorizations and that, if granted,
would allow the total FTA and non-FTA
export volumes to match.
Liquefaction Project. Magnolia seeks
long-term authorization to export
domestically produced LNG from the
Magnolia LNG Terminal, which
Magnolia proposes to construct, own,
and operate. Magnolia states that the
Liquefaction Project will be constructed
on Industrial Canal South Shore PLC
Tract 475, a parcel of land
approximately 120 acres in size located
in Calcasieu Parish, south of Lake
Charles, Louisiana. Magnolia notes that
the Terminal will be located in an area
zoned for heavy industrial use.
Magnolia states that, on March 6,
2013, it secured property from the Port
of Lake Charles to construct the
Magnolia LNG Terminal. Specifically, it
signed an exclusive, binding four-year
Real Estate Lease Option Agreement
with the Lake Charles Harbor &
Terminal District for the opportunity to
assess the project site for the purpose of
locating, constructing, operating, and
maintaining the proposed Liquefaction
Project.3 Magnolia states that, subject to
compliance with the terms of the Option
Agreement, it may exercise the option
and enter into the ground lease with the
Port at any time.
Magnolia states that the Liquefaction
Project is anticipated to include four
LNG trains, two LNG storage tanks each
with capacity of approximately 160,000
m3, and vessel loading facilities.
According to Magnolia, each of the LNG
trains will be capable of producing up
to 2 mtpa of LNG, for a total capacity of
8 mtpa of LNG. Magnolia further states
that it plans to receive natural gas by
pipeline at the Magnolia LNG Terminal,
liquefy the gas, and load the LNG from
the storage tanks onto an LNG carrier
berthed alongside the Magnolia LNG
Terminal.
Current Application
Magnolia requests long-term, multicontract authorization to export LNG in
a volume equivalent to approximately
394.2 Bcf/yr of domestic natural gas
(1.08 Bcf/d) from the proposed Magnolia
LNG Terminal to any non-FTA country
which has developed or in the future
develops the capacity to import LNG,
3 The Real Estate Lease Option is attached to
Magnolia’s Application as Exhibit B.
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and with which trade is not prohibited
by U.S. law or policy. Magnolia requests
this authorization for a 25-year term
commencing on the earlier of the date
of first export or 10 years from the date
the requested authorization is granted.
Magnolia states that it seeks to export
the requested LNG on its own behalf
and as agent for others. Magnolia states
that it will comply with all DOE/FE
requirements for exports and agents as
set forth in recent DOE/FE orders,
including registering each LNG title
holder for whom Magnolia seeks to
export as agent. Magnolia proposes that
this registration include a written
statement by the title holder
acknowledging and agreeing to comply
with all applicable requirements
included by DOE/FE in Magnolia’s
export authorization, and to include
those requirements in any subsequent
purchase or sale agreement entered into
by that title holder. In addition,
Magnolia states that it will file under
seal with DOE/FE any relevant longterm commercial agreements between
Magnolia and the LNG title holder, once
those agreements have been executed.
Magnolia states that the terms and
conditions related to the use of the
Magnolia LNG Terminal facilities will
be set forth in agreements with Project
customers. Magnolia anticipates that
these agreements will be for terms of up
to 25 years in duration and will run
concurrently with Magnolia’s export
authorization. Magnolia states that it has
not yet entered into such agreements,
but that it is engaged in commercial
negotiations with several potential
terminal customers. Magnolia states that
DOE/FE has previously found that this
commitment conforms to the
requirements of 10 CFR 590.202(b),
which calls upon applicants to supply
transaction specific information ‘‘to the
extent practicable.’’
Magnolia states that the Magnolia
LNG Terminal will be situated within
approximately three miles of four major
interstate/intrastate natural gas
pipelines owned by Trunkline Gas
Company, Kinder Morgan Louisiana
Pipeline (KMLP), Gulf South Pipeline
Company, LP, and Chevron Pipe Line
Company, respectively. Magnolia states
that it currently is in advanced
discussions with KMLP to provide the
direct connection to the Magnolia LNG
Terminal through which feed gas
supplies will flow, and for the
compression required to transport the
feed gas to the terminal. Magnolia states
that, through KMLP, its tolling
customers will be able to directly access
multiple interstate natural gas pipelines
and storage facilities, thus providing a
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variety of stable and economical supply
options.
According to Magnolia, the sources of
natural gas will include conventional
and unconventional supplies from
various regions, including recent shale
gas discoveries in Haynesville, Eagle
Ford, Barnett, Floyd-Neal/Conasauga,
and Marcellus shale plays. Magnolia
emphasizes that the size to traditional
and emerging natural gas supply sources
in close proximity to the Magnolia LNG
Terminal will provide Magnolia’s
customers with diverse and reliable
alternative gas supply options.
Public Interest Considerations
Magnolia contends that the proposed
exports from the Liquefaction Project
are consistent with the public interest
under section 3(a) of the NGA, 15 U.S.C.
717b(a). Magnolia cites the following in
support of its position: (1) DOE/FE’s
two-part LNG Export Study, issued in
2012,4 (2) data from the U.S. Energy
Information Administration’s (EIA)
Annual Energy Outlook 2013 (AEO
2013),5 and (3) a study by the Berkeley
Research Group (BRG) commissioned by
Magnolia to support the Application, as
discussed below.
Magnolia further states that, over the
last two years, no credible evidence has
been presented to support the argument
that LNG exports will harm the United
States. Rather, according to Magnolia,
the Liquefaction Project will create jobs,
develop industry, foster continued
production of domestic conventional
and unconventional natural gas
supplies, promote international trade
and improve the U.S. balance of trade,
and promote strong relationships with
strategic international allies. In support
of the Application, Magnolia discusses
the following:
BRG Study. Magnolia states that the
BRG Study, attached to Magnolia’s
Application as Exhibit A, employed a
three-pronged analytic approach to
assess the potential impacts of long-term
LNG exports from the United States and
Canada. It also provided a high level
assessment of the potential range of
long-term impacts on global LNG prices
and their differential to U.S. prices.
Magnolia states that the findings of the
BRG Study support the conclusion that
its proposed LNG exports are not
inconsistent with the public interest.
Domestic Need for the Natural Gas To
Be Exported. Citing the LNG Export
4 LNG Export Study, available at https://
energy.gov/fe/services/natural-gas-regulation/lngexport-study.
5 U.S. Energy Information Administration,
Annual Energy Outlook 2013 with Projections to
2040 (April 2013), available at https://www.eia.gov/
forecasts/aeo/pdf/0383(2013).pdf.
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Study and EIA’s AEO 2013, Magnolia
contends that the United States has an
abundant supply of natural gas that is
sufficient to meet domestic demand and
to support Magnolia’s requested LNG
export authorization. According to
Magnolia, AEO 2013 shows that
domestic natural gas supply as
measured by proved natural gas reserves
has been increasing, and that EIA
projects that U.S. dry natural gas
production will increase by 1.3 percent
per year through 2040.
Turning to the adequacy of supply as
compared to domestic demand for
natural gas, Magnolia cites AEO 2013 in
stating that U.S. dry natural gas
production will exceed consumption by
2019, and that U.S. dry natural gas
production alone will exceed total U.S.
natural gas consumption by 3.60 trillion
cubic feet in 2040. Magnolia cites the
BRG Study in stating that the U.S. draw
on economic shale production relative
to other supply sources, like
conventional gas and coal bed methane,
could potentially be even higher that the
figures provided by EIA. Magnolia also
notes that BRG’s conclusion—that
increased demand for natural gas will be
met by increased supply from low cost
shale production—is consistent with
both EIA’s data and DOE/FE’s
conclusions in recent LNG export
orders. Magnolia specifically notes
DOE/FE’s agreement with the
macroeconomic study conducted by
NERA Economic Consulting (one of two
parts of the LNG Export Study) that
there will be net economic benefits to
the United States even in the face of
unlimited LNG exports.
Impact on U.S. Natural Gas Demand
Market Prices. Magnolia states that the
results of the BRG Study support the
conclusion that Magnolia’s proposed
LNG exports will have a minimal and
manageable impact on U.S. natural gas
market demand and prices. Specifically,
BRG found that the impacts of LNG
exports on U.S. natural gas prices and
U.S. domestic natural gas demand under
all scenarios studied would be minimal.
Magnolia also points out that DOE/FE
has concluded in recent LNG export
orders that LNG exports will not
necessarily exacerbate the risk of large
upward natural gas prices spikes.
Domestic Energy Security and
International Impacts. Magnolia states
that authorization requested in the
Application will have a minimal effect,
if any, on domestic energy security.
Rather, in Magnolia’s view, the
proposed LNG exports will promote a
more robust global market for natural
gas. Magnolia further states that the
proposed exports, if authorized, will be
consistent with President Obama’s
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National Export Initiative (NEI), as
established by Executive Order on
March 11, 2010, and will support other
important federal policies.
Economic Benefits. Magnolia
maintains that the Liquefaction Project
will stimulate the local, regional, and
national economies through the direct
and indirect creation of new jobs,
increased economic activity, and tax
revenues. In particular, Magnolia asserts
that it will use U.S. companies to
supply much of the equipment and
materials required in the construction of
the Magnolia LNG Terminal. Magnolia
further states that the proposed exports
will help balance the U.S. trade deficit,
assist U.S. allies by diversifying their
supply options, and allow commercial
parties a greater opportunity to freely
negotiate trade agreements with their
counterparties.
Additional details can be found in
Magnolia’s Application, which is posted
on the DOE/FE Web site at: https://
www.fossil.energy.gov/programs/
gasregulation/authorizations/2013_
applications/13_132_lng_nfta.pdf.
Environmental Impact
Magnolia states that, on March 20,
2013, the Federal Energy Regulatory
Commission (FERC) accepted
Magnolia’s request to commence FERC’s
pre-filing process. Magnolia states that,
consistent with the National
Environmental Policy Act (NEPA), 42
U.S.C. 4321 et seq., FERC will act as the
lead agency for the environmental
review, with DOE acting as a
cooperating agency. Magnolia states that
it will also seek any necessary permits
from other federal, state, and local
agencies, as well as conduct any
necessary consultations.
DOE/FE Evaluation
The Application will be reviewed
pursuant to section 3(a) of the NGA, 15
U.S.C. 717b(a), and DOE will consider
any issues required by law or policy. To
the extent determined to be relevant,
these issues will include the domestic
need for the natural gas proposed to be
exported, the adequacy of domestic
natural gas supply, U.S. energy security,
and the cumulative impact of the
requested authorization and any other
LNG export application(s) previously
approved on domestic natural gas
supply and demand fundamentals. DOE
may also consider other factors bearing
on the public interest, including the
impact of the proposed exports on the
U.S. economy (including GDP,
consumers, and industry), job creation,
the U.S. balance of trade, and
international considerations; and
whether the authorization is consistent
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with DOE’s policy of promoting
competition in the marketplace by
allowing commercial parties to freely
negotiate their own trade arrangements.
Parties that may oppose this
Application should address these issues
in their comments and/or protests, as
well as other issues deemed relevant to
the Application.
NEPA requires DOE to give
appropriate consideration to the
environmental effects of its decisions.
No final decision will be issued in this
proceeding until DOE has met its
environmental responsibilities.
Due to the complexity of the issues
raised by the Applicant, interested
persons will be provided 60 days from
the date of publication of this Notice in
which to submit comments, protests,
motions to intervene, notices of
intervention, or motions for additional
procedures.
Public Comment Procedures
In response to this Notice, any person
may file a protest, comments, or a
motion to intervene or notice of
intervention, as applicable. Any person
wishing to become a party to the
proceeding must file a motion to
intervene or notice of intervention, as
applicable. The filing of comments or a
protest with respect to the Application
will not serve to make the commenter or
protestant a party to the proceeding,
although protests and comments
received from persons who are not
parties will be considered in
determining the appropriate action to be
taken on the Application. All protests,
comments, motions to intervene, or
notices of intervention must meet the
requirements specified by the
regulations in 10 CFR Part 590.
Filings may be submitted using one of
the following methods: (1) Emailing the
filing to fergas@hq.doe.gov with FE
Docket No. 13–132–LNG in the title
line; (2) mailing an original and three
paper copies of the filing to the Office
of Oil and Gas Global Security and
Supply at the address listed in
ADDRESSES; or (3) hand delivering an
original and three paper copies of the
filing to the Office of Oil and Gas Global
Security and Supply at the address
listed in ADDRESSES. All filings must
include a reference to FE Docket No.
13–132–LNG. Please Note: If submitting
a filing via email, please include all
related documents and attachments
(e.g., exhibits) in the original email
correspondence. Please do not include
any active hyperlinks or password
protection in any of the documents or
attachments related to the filing. All
electronic filings submitted to DOE
must follow these guidelines to ensure
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that all documents are filed in a timely
manner. Any hardcopy filing submitted
greater in length than 50 pages must
also include, at the time of the filing, a
digital copy on disk of the entire
submission.
A decisional record on the
Application will be developed through
responses to this notice by parties,
including the parties’ written comments
and replies thereto. Additional
procedures will be used as necessary to
achieve a complete understanding of the
facts and issues. A party seeking
intervention may request that additional
procedures be provided, such as
additional written comments, an oral
presentation, a conference, or trial-type
hearing. Any request to file additional
written comments should explain why
they are necessary. Any request for an
oral presentation should identify the
substantial question of fact, law, or
policy at issue, show that it is material
and relevant to a decision in the
proceeding, and demonstrate why an
oral presentation is needed. Any request
for a conference should demonstrate
why the conference would materially
advance the proceeding. Any request for
a trial-type hearing must show that there
are factual issues genuinely in dispute
that are relevant and material to a
decision, and that a trial-type hearing is
necessary for a full and true disclosure
of the facts.
If an additional procedure is
scheduled, notice will be provided to all
parties. If no party requests additional
procedures, a final Opinion and Order
may be issued based on the official
record, including the Application and
responses filed by parties pursuant to
this notice, in accordance with 10 CFR
590.316.
The Application is available for
inspection and copying in the Division
of Natural Gas Regulatory Acitivities
docket room, Room 3E–042, 1000
Independence Avenue SW.,
Washington, DC 20585. The docket
room is open between the hours of 8:00
a.m. and 4:30 p.m., Monday through
Friday, except Federal holidays. The
Application and any filed protests,
motions to intervene or notice of
interventions, and comments will also
be available electronically by going to
the following DOE/FE Web address:
https://www.fe.doe.gov/programs/
gasregulation/.
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Issued in Washington, DC, on March 18,
2014.
John A. Anderson,
Director, Division of Natural Gas Regulatory
Activities, Office of Oil and Gas Global
Security and Supply, Office of Oil and
Natural Gas.
[FR Doc. 2014–06353 Filed 3–21–14; 8:45 am]
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DEPARTMENT OF EDUCATION
President’s Advisory Commission on
Educational Excellence for Hispanics
White House Initiative on
Educational Excellence for Hispanics,
Department of Education.
ACTION: Notice of an open meeting.
AGENCY:
This notice sets forth the
schedule and agenda of the eighth
meeting of the President’s Advisory
Commission on Educational Excellence
for Hispanics. The notice also describes
the functions of the Commission. Notice
of the meeting is required by section
10(a)(2) of the Federal Advisory
Committee Act and intended to notify
the public of its opportunity to attend.
DATES: Tuesday, April 1, 2014.
TIME: 9 a.m.–4 p.m. Eastern Standard
Time.
SUMMARY:
Chapman Conference
Center, Room 3210, Miami Dade
College, 300 Northeast 2nd Avenue,
Miami, FL 33132.
FOR FURTHER INFORMATION CONTACT:
Emmanuel Caudillo, Special Advisor,
White House Initiative on Educational
Excellence for Hispanics, 400 Maryland
Ave. SW., Room 4W108, Washington,
DC 20202; telephone: 202–401–1411.
SUPPLEMENTARY INFORMATION: The
President’s Advisory Commission on
Educational Excellence for Hispanics
(the Commission) is established by
Executive Order 13555 (Oct. 19, 2010;
reestablished December 12, 2012). The
Commission is governed by the
provisions of the Federal Advisory
Committee Act (FACA), (Pub. L. 92–463;
as amended, 5 U.S.C.A., Appendix 2)
which sets forth standards for the
formation and use of advisory
committees. The purpose of the
Commission is to advise the President
and the Secretary of Education on all
matters pertaining to the education
attainment of the Hispanic community.
The Commission shall advise the
President and the Secretary in the
following areas: (i) Developing,
implementing, and coordinating
educational programs and initiatives at
the Department and other agencies to
improve educational opportunities and
ADDRESSES:
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outcomes for Hispanics of all ages; (ii)
increasing the participation of the
Hispanic community and HispanicServing Institutions in the Department’s
programs and in education programs at
other agencies; (iii) engaging the
philanthropic, business, nonprofit, and
education communities in a national
dialogue regarding the mission and
objectives of this order; (iv) establishing
partnerships with public, private,
philanthropic, and nonprofit
stakeholders to meet the mission and
policy objectives of this order.
Agenda
The Commission will provide updates
to its activities and engagement efforts
on key priorities, and hold breakout
sessions with the established
subcommittees: Early Learning; K–12;
and Higher Education.
Individuals who will need
accommodations in order to attend the
meeting (e.g., interpreting services,
assistive listening devices, or material in
alternative format) should notify
Emmanuel Caudillo, Special Advisor,
White House Initiative on Educational
Excellence for Hispanics at 202–401–
1411, no later than Tuesday, March 25,
2014. We will attempt to meet requests
for such accommodations after this date,
but cannot guarantee their availability.
The meeting site is accessible to
individuals with disabilities.
Individuals who wish to attend the
Commission meeting must RSVP by 12
noon EST, Friday, March 28, 2014, to
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E:\FR\FM\24MRN1.SGM
24MRN1
Agencies
[Federal Register Volume 79, Number 56 (Monday, March 24, 2014)]
[Notices]
[Pages 15980-15983]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-06353]
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DEPARTMENT OF ENERGY
[FE Docket No. 13-132-LNG]
Magnolia LNG, LLC; Application for Long-Term Authorization To
Export Liquefied Natural Gas Produced From Domestic Natural Gas
Resources to Non-Free Trade Agreement Countries for a 25-Year Period
AGENCY: Office of Fossil Energy, DOE.
ACTION: Notice of application.
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SUMMARY: The Office of Fossil Energy (FE) of the Department of Energy
(DOE) gives notice of receipt of an application (Application) filed on
October 11, 2013, by Magnolia LNG, LLC (Magnolia), requesting long-
term, multi-contract authorization to export liquefied natural gas
(LNG) produced from domestic sources in a volume equivalent to
approximately 394.2 billion cubic feet per year (Bcf/yr) of natural
gas, or 1.08 Bcf per day (Bcf/d). Magnolia seeks authorization to
export the LNG by vessel from the proposed Magnolia LNG Terminal, to be
located near Lake Charles, Louisiana (Liquefaction Project), for a 25-
year term commencing on the earlier of the date of first export or 10
years from the date the authorization is granted. Magnolia requests
authorization to export the LNG by vessel to any country with which the
United States does not have a free trade agreement (FTA) requiring
national treatment for trade in natural gas (non-FTA countries), and
with which trade is not prohibited by U.S. law or policy. Magnolia
requests this authorization on its own behalf and as agent for other
parties who hold title to the LNG at the time of export. This
application was filed under section 3(a) of the Natural Gas Act (NGA),
15 U.S.C. 717b(a).
DATES: Protests, motions to intervene or notices of intervention, as
applicable, requests for additional procedures, and written comments
are to be filed using procedures detailed in the Public Comment
Procedures section no later than 4:30 p.m., Eastern time, May 23, 2014.
ADDRESSES: Electronic Filing by email: fergas@hq.doe.gov.
Regular Mail: U.S. Department of Energy (FE-34), Office of Oil and
Gas Global Security and Supply, Office of Fossil Energy, P.O. Box
44375, Washington, DC 20026-4375.
Hand Delivery or Private Delivery Services (e.g., FedEx, UPS,
etc.): U.S. Department of Energy (FE-34), Office of Oil and Gas Global
Security and Supply, Office of Fossil Energy, Forrestal Building, Room
3E-042, 1000 Independence Avenue SW., Washington, DC 20585.
FOR FURTHER INFORMATION CONTACT:
Larine Moore or Lisa Tracy, U.S. Department of Energy (FE-34), Office
of Oil and Gas Global Security and Supply, Office of Fossil Energy,
Forrestal Building, Room 3E-042, 1000 Independence Avenue SW.,
Washington, DC 20585, (202) 586-9478; (202) 586-4523.
Edward Myers, U.S. Department of Energy, Office of the Assistant
General Counsel for Electricity and Fossil Energy, Forrestal Building,
Room 6B-256, 1000 Independence Avenue SW., Washington, DC 20585, (202)
586-3397.
SUPPLEMENTARY INFORMATION:
Background
Applicant. Magnolia states that it is a Delaware limited liability
company with its principal place of business in Houston, Texas.
Magnolia further states that it is a wholly-owned indirect subsidiary
of Liquefied Natural Gas Limited (LNG Limited). According to Magnolia,
LNG Limited is a publicly listed Australian company formed with the
objective of identifying and developing LNG projects overseas and in
Australia.
Procedural History. On February 27, 2013, DOE/FE issued Order No.
3245, in which it authorized Magnolia to export LNG produced from
domestic sources to FTA countries (i.e., countries with which the
United States currently has, or in the future will have, a free trade
agreement requiring national treatment for trade in natural gas) in a
volume equivalent to approximately 197.1 Bcf/yr of natural gas (0.54
Bcf/d), or 4 million metric tons per annum (mtpa) of LNG.\1\
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\1\ Magnolia LNG, LLC, DOE/FE Order. No. 3245, Order Granting
Long-Term Multi-Contract Authorization To Export Liquefied Natural
Gas by Vessel From the Proposed Magnolia LNG Terminal in Lake
Charles, Louisiana, to Free Trade Agreement Nations (Feb. 27, 2013).
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On October 15, 2013, Magnolia filed a second application requesting
authorization to export domestically produced LNG to FTA countries in
an identical volume as its first FTA order--197.1 Bcf/yr of natural gas
(4 mtpa of LNG). DOE/FE granted that application on March 5, 2014, in
DOE/FE Order No. 3406.\2\ Thus, Magnolia is currently authorized under
both orders to export LNG to FTA countries in a total volume
[[Page 15981]]
equivalent to 394.2 Bcf/yr of natural gas (1.08 Bcf/d).
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\2\ Magnolia LNG, LLC, DOE/FE Order. No. 3406, Order Granting
Long-Term Multi-Contract Authorization To Export Liquefied Natural
Gas by Vessel From the Proposed Magnolia LNG Terminal in Lake
Charles, Louisiana, to Free Trade Agreement Nations (March 5, 2014).
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In the Application subject to this notice, Magnolia requests the
same total export volume for non-FTA countries--394.2 Bcf/yr of natural
gas, or 8 mtpa of LNG. Magnolia states that this requested non-FTA
volume is not additive to its FTA authorizations and that, if granted,
would allow the total FTA and non-FTA export volumes to match.
Liquefaction Project. Magnolia seeks long-term authorization to
export domestically produced LNG from the Magnolia LNG Terminal, which
Magnolia proposes to construct, own, and operate. Magnolia states that
the Liquefaction Project will be constructed on Industrial Canal South
Shore PLC Tract 475, a parcel of land approximately 120 acres in size
located in Calcasieu Parish, south of Lake Charles, Louisiana. Magnolia
notes that the Terminal will be located in an area zoned for heavy
industrial use.
Magnolia states that, on March 6, 2013, it secured property from
the Port of Lake Charles to construct the Magnolia LNG Terminal.
Specifically, it signed an exclusive, binding four-year Real Estate
Lease Option Agreement with the Lake Charles Harbor & Terminal District
for the opportunity to assess the project site for the purpose of
locating, constructing, operating, and maintaining the proposed
Liquefaction Project.\3\ Magnolia states that, subject to compliance
with the terms of the Option Agreement, it may exercise the option and
enter into the ground lease with the Port at any time.
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\3\ The Real Estate Lease Option is attached to Magnolia's
Application as Exhibit B.
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Magnolia states that the Liquefaction Project is anticipated to
include four LNG trains, two LNG storage tanks each with capacity of
approximately 160,000 m\3\, and vessel loading facilities. According to
Magnolia, each of the LNG trains will be capable of producing up to 2
mtpa of LNG, for a total capacity of 8 mtpa of LNG. Magnolia further
states that it plans to receive natural gas by pipeline at the Magnolia
LNG Terminal, liquefy the gas, and load the LNG from the storage tanks
onto an LNG carrier berthed alongside the Magnolia LNG Terminal.
Current Application
Magnolia requests long-term, multi-contract authorization to export
LNG in a volume equivalent to approximately 394.2 Bcf/yr of domestic
natural gas (1.08 Bcf/d) from the proposed Magnolia LNG Terminal to any
non-FTA country which has developed or in the future develops the
capacity to import LNG, and with which trade is not prohibited by U.S.
law or policy. Magnolia requests this authorization for a 25-year term
commencing on the earlier of the date of first export or 10 years from
the date the requested authorization is granted.
Magnolia states that it seeks to export the requested LNG on its
own behalf and as agent for others. Magnolia states that it will comply
with all DOE/FE requirements for exports and agents as set forth in
recent DOE/FE orders, including registering each LNG title holder for
whom Magnolia seeks to export as agent. Magnolia proposes that this
registration include a written statement by the title holder
acknowledging and agreeing to comply with all applicable requirements
included by DOE/FE in Magnolia's export authorization, and to include
those requirements in any subsequent purchase or sale agreement entered
into by that title holder. In addition, Magnolia states that it will
file under seal with DOE/FE any relevant long-term commercial
agreements between Magnolia and the LNG title holder, once those
agreements have been executed.
Magnolia states that the terms and conditions related to the use of
the Magnolia LNG Terminal facilities will be set forth in agreements
with Project customers. Magnolia anticipates that these agreements will
be for terms of up to 25 years in duration and will run concurrently
with Magnolia's export authorization. Magnolia states that it has not
yet entered into such agreements, but that it is engaged in commercial
negotiations with several potential terminal customers. Magnolia states
that DOE/FE has previously found that this commitment conforms to the
requirements of 10 CFR 590.202(b), which calls upon applicants to
supply transaction specific information ``to the extent practicable.''
Magnolia states that the Magnolia LNG Terminal will be situated
within approximately three miles of four major interstate/intrastate
natural gas pipelines owned by Trunkline Gas Company, Kinder Morgan
Louisiana Pipeline (KMLP), Gulf South Pipeline Company, LP, and Chevron
Pipe Line Company, respectively. Magnolia states that it currently is
in advanced discussions with KMLP to provide the direct connection to
the Magnolia LNG Terminal through which feed gas supplies will flow,
and for the compression required to transport the feed gas to the
terminal. Magnolia states that, through KMLP, its tolling customers
will be able to directly access multiple interstate natural gas
pipelines and storage facilities, thus providing a variety of stable
and economical supply options.
According to Magnolia, the sources of natural gas will include
conventional and unconventional supplies from various regions,
including recent shale gas discoveries in Haynesville, Eagle Ford,
Barnett, Floyd-Neal/Conasauga, and Marcellus shale plays. Magnolia
emphasizes that the size to traditional and emerging natural gas supply
sources in close proximity to the Magnolia LNG Terminal will provide
Magnolia's customers with diverse and reliable alternative gas supply
options.
Public Interest Considerations
Magnolia contends that the proposed exports from the Liquefaction
Project are consistent with the public interest under section 3(a) of
the NGA, 15 U.S.C. 717b(a). Magnolia cites the following in support of
its position: (1) DOE/FE's two-part LNG Export Study, issued in
2012,\4\ (2) data from the U.S. Energy Information Administration's
(EIA) Annual Energy Outlook 2013 (AEO 2013),\5\ and (3) a study by the
Berkeley Research Group (BRG) commissioned by Magnolia to support the
Application, as discussed below.
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\4\ LNG Export Study, available at https://energy.gov/fe/services/natural-gas-regulation/lng-export-study.
\5\ U.S. Energy Information Administration, Annual Energy
Outlook 2013 with Projections to 2040 (April 2013), available at
https://www.eia.gov/forecasts/aeo/pdf/0383(2013).pdf.
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Magnolia further states that, over the last two years, no credible
evidence has been presented to support the argument that LNG exports
will harm the United States. Rather, according to Magnolia, the
Liquefaction Project will create jobs, develop industry, foster
continued production of domestic conventional and unconventional
natural gas supplies, promote international trade and improve the U.S.
balance of trade, and promote strong relationships with strategic
international allies. In support of the Application, Magnolia discusses
the following:
BRG Study. Magnolia states that the BRG Study, attached to
Magnolia's Application as Exhibit A, employed a three-pronged analytic
approach to assess the potential impacts of long-term LNG exports from
the United States and Canada. It also provided a high level assessment
of the potential range of long-term impacts on global LNG prices and
their differential to U.S. prices. Magnolia states that the findings of
the BRG Study support the conclusion that its proposed LNG exports are
not inconsistent with the public interest.
Domestic Need for the Natural Gas To Be Exported. Citing the LNG
Export
[[Page 15982]]
Study and EIA's AEO 2013, Magnolia contends that the United States has
an abundant supply of natural gas that is sufficient to meet domestic
demand and to support Magnolia's requested LNG export authorization.
According to Magnolia, AEO 2013 shows that domestic natural gas supply
as measured by proved natural gas reserves has been increasing, and
that EIA projects that U.S. dry natural gas production will increase by
1.3 percent per year through 2040.
Turning to the adequacy of supply as compared to domestic demand
for natural gas, Magnolia cites AEO 2013 in stating that U.S. dry
natural gas production will exceed consumption by 2019, and that U.S.
dry natural gas production alone will exceed total U.S. natural gas
consumption by 3.60 trillion cubic feet in 2040. Magnolia cites the BRG
Study in stating that the U.S. draw on economic shale production
relative to other supply sources, like conventional gas and coal bed
methane, could potentially be even higher that the figures provided by
EIA. Magnolia also notes that BRG's conclusion--that increased demand
for natural gas will be met by increased supply from low cost shale
production--is consistent with both EIA's data and DOE/FE's conclusions
in recent LNG export orders. Magnolia specifically notes DOE/FE's
agreement with the macroeconomic study conducted by NERA Economic
Consulting (one of two parts of the LNG Export Study) that there will
be net economic benefits to the United States even in the face of
unlimited LNG exports.
Impact on U.S. Natural Gas Demand Market Prices. Magnolia states
that the results of the BRG Study support the conclusion that
Magnolia's proposed LNG exports will have a minimal and manageable
impact on U.S. natural gas market demand and prices. Specifically, BRG
found that the impacts of LNG exports on U.S. natural gas prices and
U.S. domestic natural gas demand under all scenarios studied would be
minimal. Magnolia also points out that DOE/FE has concluded in recent
LNG export orders that LNG exports will not necessarily exacerbate the
risk of large upward natural gas prices spikes.
Domestic Energy Security and International Impacts. Magnolia states
that authorization requested in the Application will have a minimal
effect, if any, on domestic energy security. Rather, in Magnolia's
view, the proposed LNG exports will promote a more robust global market
for natural gas. Magnolia further states that the proposed exports, if
authorized, will be consistent with President Obama's National Export
Initiative (NEI), as established by Executive Order on March 11, 2010,
and will support other important federal policies.
Economic Benefits. Magnolia maintains that the Liquefaction Project
will stimulate the local, regional, and national economies through the
direct and indirect creation of new jobs, increased economic activity,
and tax revenues. In particular, Magnolia asserts that it will use U.S.
companies to supply much of the equipment and materials required in the
construction of the Magnolia LNG Terminal. Magnolia further states that
the proposed exports will help balance the U.S. trade deficit, assist
U.S. allies by diversifying their supply options, and allow commercial
parties a greater opportunity to freely negotiate trade agreements with
their counterparties.
Additional details can be found in Magnolia's Application, which is
posted on the DOE/FE Web site at: https://www.fossil.energy.gov/programs/gasregulation/authorizations/2013_applications/13_132_lng_nfta.pdf.
Environmental Impact
Magnolia states that, on March 20, 2013, the Federal Energy
Regulatory Commission (FERC) accepted Magnolia's request to commence
FERC's pre-filing process. Magnolia states that, consistent with the
National Environmental Policy Act (NEPA), 42 U.S.C. 4321 et seq., FERC
will act as the lead agency for the environmental review, with DOE
acting as a cooperating agency. Magnolia states that it will also seek
any necessary permits from other federal, state, and local agencies, as
well as conduct any necessary consultations.
DOE/FE Evaluation
The Application will be reviewed pursuant to section 3(a) of the
NGA, 15 U.S.C. 717b(a), and DOE will consider any issues required by
law or policy. To the extent determined to be relevant, these issues
will include the domestic need for the natural gas proposed to be
exported, the adequacy of domestic natural gas supply, U.S. energy
security, and the cumulative impact of the requested authorization and
any other LNG export application(s) previously approved on domestic
natural gas supply and demand fundamentals. DOE may also consider other
factors bearing on the public interest, including the impact of the
proposed exports on the U.S. economy (including GDP, consumers, and
industry), job creation, the U.S. balance of trade, and international
considerations; and whether the authorization is consistent with DOE's
policy of promoting competition in the marketplace by allowing
commercial parties to freely negotiate their own trade arrangements.
Parties that may oppose this Application should address these issues in
their comments and/or protests, as well as other issues deemed relevant
to the Application.
NEPA requires DOE to give appropriate consideration to the
environmental effects of its decisions. No final decision will be
issued in this proceeding until DOE has met its environmental
responsibilities.
Due to the complexity of the issues raised by the Applicant,
interested persons will be provided 60 days from the date of
publication of this Notice in which to submit comments, protests,
motions to intervene, notices of intervention, or motions for
additional procedures.
Public Comment Procedures
In response to this Notice, any person may file a protest,
comments, or a motion to intervene or notice of intervention, as
applicable. Any person wishing to become a party to the proceeding must
file a motion to intervene or notice of intervention, as applicable.
The filing of comments or a protest with respect to the Application
will not serve to make the commenter or protestant a party to the
proceeding, although protests and comments received from persons who
are not parties will be considered in determining the appropriate
action to be taken on the Application. All protests, comments, motions
to intervene, or notices of intervention must meet the requirements
specified by the regulations in 10 CFR Part 590.
Filings may be submitted using one of the following methods: (1)
Emailing the filing to fergas@hq.doe.gov with FE Docket No. 13-132-LNG
in the title line; (2) mailing an original and three paper copies of
the filing to the Office of Oil and Gas Global Security and Supply at
the address listed in ADDRESSES; or (3) hand delivering an original and
three paper copies of the filing to the Office of Oil and Gas Global
Security and Supply at the address listed in ADDRESSES. All filings
must include a reference to FE Docket No. 13-132-LNG. Please Note: If
submitting a filing via email, please include all related documents and
attachments (e.g., exhibits) in the original email correspondence.
Please do not include any active hyperlinks or password protection in
any of the documents or attachments related to the filing. All
electronic filings submitted to DOE must follow these guidelines to
ensure
[[Page 15983]]
that all documents are filed in a timely manner. Any hardcopy filing
submitted greater in length than 50 pages must also include, at the
time of the filing, a digital copy on disk of the entire submission.
A decisional record on the Application will be developed through
responses to this notice by parties, including the parties' written
comments and replies thereto. Additional procedures will be used as
necessary to achieve a complete understanding of the facts and issues.
A party seeking intervention may request that additional procedures be
provided, such as additional written comments, an oral presentation, a
conference, or trial-type hearing. Any request to file additional
written comments should explain why they are necessary. Any request for
an oral presentation should identify the substantial question of fact,
law, or policy at issue, show that it is material and relevant to a
decision in the proceeding, and demonstrate why an oral presentation is
needed. Any request for a conference should demonstrate why the
conference would materially advance the proceeding. Any request for a
trial-type hearing must show that there are factual issues genuinely in
dispute that are relevant and material to a decision, and that a trial-
type hearing is necessary for a full and true disclosure of the facts.
If an additional procedure is scheduled, notice will be provided to
all parties. If no party requests additional procedures, a final
Opinion and Order may be issued based on the official record, including
the Application and responses filed by parties pursuant to this notice,
in accordance with 10 CFR 590.316.
The Application is available for inspection and copying in the
Division of Natural Gas Regulatory Acitivities docket room, Room 3E-
042, 1000 Independence Avenue SW., Washington, DC 20585. The docket
room is open between the hours of 8:00 a.m. and 4:30 p.m., Monday
through Friday, except Federal holidays. The Application and any filed
protests, motions to intervene or notice of interventions, and comments
will also be available electronically by going to the following DOE/FE
Web address: https://www.fe.doe.gov/programs/gasregulation/.
Issued in Washington, DC, on March 18, 2014.
John A. Anderson,
Director, Division of Natural Gas Regulatory Activities, Office of Oil
and Gas Global Security and Supply, Office of Oil and Natural Gas.
[FR Doc. 2014-06353 Filed 3-21-14; 8:45 am]
BILLING CODE 6450-01-P