Venture Global Calcasieu Pass, LLC, 56184-56185 [2019-22855]

Download as PDF 56184 Federal Register / Vol. 84, No. 203 / Monday, October 21, 2019 / Notices above. Minutes will also be available at the following website: https:// www.energy.gov/pppo/ports-ssab/ listings/meeting-materials. Signed in Washington, DC, on October 16, 2019. LaTanya Butler, Deputy Committee Management Officer. [FR Doc. 2019–22858 Filed 10–18–19; 8:45 am] BILLING CODE 6450–01–P DEPARTMENT OF ENERGY [FE Docket Nos. 13–69–LNG, 14–88–LNG, and 15–25–LNG] Venture Global Calcasieu Pass, LLC Office of Fossil Energy, DOE. Notice of change in control. AGENCY: ACTION: The Office of Fossil Energy (FE) of the Department of Energy (DOE) gives notice of receipt of a Notification Regarding Equity Ownership Change in Accordance with Procedures for Change in Control (Notice) filed September 6, 2019, by Venture Global Calcasieu Pass, LLC (Calcasieu Pass) in the abovereferenced dockets. The Notice describes a change in control of Stonepeak Partners LP (Stonepeak), as well as an internal reorganization implemented in connection with the debt and equity financing of the Calcasieu Pass liquefied natural gas (LNG) export project (Project). The Notice was filed under section 3 of the Natural Gas Act (NGA), 15 U.S.C. 717b. DATES: Protests, motions to intervene, or notices of intervention, as applicable, 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, November 5, 2019. ADDRESSES: Electronic Filing by email: fergas@ hq.doe.gov. Regular Mail: U.S. Department of Energy (FE–34), Office of Regulation and International Engagement, 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 Regulation and International Engagement, Office of Fossil Energy, Forrestal Building, Room 3E–042, 1000 Independence Avenue SW, Washington, DC 20585. FOR FURTHER INFORMATION CONTACT: Benjamin Nussdorf or Amy Sweeney, U.S. Department of Energy (FE–34), Office of Regulation and International Engagement, Office of Fossil Energy, Forrestal Building, Room 3E–042, khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 16:52 Oct 18, 2019 Jkt 250001 1000 Independence Avenue SW, Washington, DC 20585, (202) 586– 7893; (202) 586–2627. Cassandra Bernstein or Kari Twaite, U.S. Department of Energy (GC–76), Office of the Assistant General Counsel for Electricity and Fossil Energy, Forrestal Building, 1000 Independence Avenue SW, Washington, DC 20585, (202) 586– 9793; (202) 586–6978. SUPPLEMENTARY INFORMATION: Summary of Change in Control As noted above, Calcasieu Pass filed a Notice in the above-referenced dockets.1 In the Notice, Calcasieu Pass states Calcasieu Pass now is a whollyowned subsidiary of Calcasieu Pass Pledgor, LLC, which is in turn a whollyowned subsidiary of Calcasieu Pass Holdings, LLC. Stonepeak has made equity investments totaling $1.3 billion, in Calcasieu Pass Holdings, LLC and Calcasieu Pass Funding, LLC, effective August 19, 2019. Calcasieu Pass Holdings, LLC has two members: One member, Calcasieu Pass Funding, LLC, owns all the common units of the company. The other member, Stonepeak Bayou Holdings LP, a Delaware limited partnership affiliated with Stonepeak, owns all the preferred units of the company. The preferred units will convert into common units upon the commercial operation date of the Project and will constitute a minority of the total common units of the company at that time (but more than ten percent). Calcasieu Pass Holdings, LLC is managed and directed by a board of three managers: Two designated by Calcasieu Pass Funding, LLC and one designated by Stonepeak Bayou Holdings, LP. Under certain extraordinary circumstances such as events of default and material breaches or termination of key Project contracts, Stonepeak Bayou Holdings LP would obtain the right to appoint a majority of the board of managers of Calcasieu Pass Holdings, LLC for a limited period of time lasting until thirty days after such circumstances are no longer continuing, at which time Calcasieu Pass Funding, LLC will once again have the right to appoint a majority of the board of managers. In addition, the manager designated by Stonepeak Bayou Holdings LP generally has the right to direct Calcasieu Pass Holdings, LLC and its subsidiaries with respect to certain uncured material breaches or defaults 1 Venture Global Calcasieu Pass, LLC, FE Docket Nos. 13–69–LNG, 14–88–LNG, and 15–25–LNG, Notice of Change in Control (Sept. 6, 2019) [hereinafter Calcasieu Pass Notice]. PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 by Venture Global LNG, the ultimate parent company of Calcasieu Pass, or its affiliates under contracts to which Venture Global LNG and its affiliates are party that have an adverse impact on the Project. Calcasieu Pass Funding, LLC, in turn, also has two members. All of its common units are owned by Venture Global Calcasieu Pass Holding, LLC, which is a direct, wholly-owned subsidiary of Venture Global LNG. All of the company’s preferred units, which are redeemable over time, are owned by Stonepeak Bayou Holdings II LP, another Delaware limited partnership affiliated with Stonepeak. All of the company’s business and affairs, however, are generally managed by the holder of its common units. Additional details can be found in Calcasieu Pass’ Notice, posted on the DOE/FE website at: https:// www.energy.gov/sites/prod/files/2019/ 09/f66/Calcasieu_Pass_CIC_Notice_ 9619.pdf (Sept. 6, 2019). DOE/FE Evaluation DOE/FE will review Calcasieu Pass’ Notice in accordance with its Procedures for Changes in Control Affecting Applications and Authorizations to Import or Export Natural Gas (CIC Revised Procedures).2 Consistent with the CIC Revised Procedures, this notice addresses only the authorizations granted to Calcasieu Pass to export liquefied natural gas (LNG) to non-free trade agreement (nonFTA) countries in DOE/FE Order No. 4346 (FE Docket Nos. 13–69–LNG, 14– 88–LNG, and 15–25–LNG, respectively). If no interested person protests the change in control and DOE takes no action on its own motion, the change in control will be deemed granted 30 days after publication in the Federal Register. If one or more protests are submitted, DOE will review any motions to intervene, protests, and answers, and will issue a determination as to whether the proposed change in control has been demonstrated to render the underlying authorization inconsistent with the public interest. Public Comment Procedures Interested persons will be provided 15 days from the date of publication of this notice in the Federal Register in order to move to intervene, protest, and answer Calcasieu Pass’ Notice. Protests, motions to intervene, notices of intervention, and written comments are invited in response to this notice only as to the change in control described in Calcasieu Pass’ Notice, and only with 2 79 E:\FR\FM\21OCN1.SGM FR 65541 (Nov. 5, 2014). 21OCN1 khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 84, No. 203 / Monday, October 21, 2019 / Notices respect to Calcasieu Pass’ non-FTA authorization in DOE/FE Order No. 4346.3 All protests, comments, motions to intervene, or notices of intervention must meet the requirements specified by DOE’s regulations in 10 CFR part 590. Filings may be submitted using one of the following methods: (1) Preferred method: emailing the filing to fergas@ hq.doe.gov, with the individual FE Docket Number(s) in the title line, or Venture Global Calcasieu Pass Change in Control in the title line to include all applicable dockets in this notice; (2) mailing an original and three paper copies of the filing to the Office of Regulation, Analysis, and Engagement at the address listed in ADDRESSES; or (3) hand delivering an original and three paper copies of the filing to the Office of Regulation, Analysis, and Engagement at the address listed in ADDRESSES. All filings must include a reference to the individual FE Docket Number(s) in the title line, or Venture Global Calcasieu Pass Change in Control in the title line to include all applicable dockets in this notice. 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 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. Calcasieu Pass’ Notice and any filed protests, motions to intervene, notices of intervention, and comments are available for inspection and copying in the Office of Regulation, Analysis, and Engagement 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 Notice and any filed protests, motions to intervene, notices of intervention, and comments will also be available electronically by going to the following DOE/FE Web address: https:// www.fe.doe.gov/programs/ gasregulation/. 3 Intervention, if granted, would constitute intervention only in the change in control portion of this proceeding, as described herein. VerDate Sep<11>2014 16:52 Oct 18, 2019 Jkt 250001 Issued in Washington, DC, on October 15, 2019. Amy Sweeney, Director, Office of Regulation, Analysis, and Engagement, Office of Oil and Natural Gas. [FR Doc. 2019–22855 Filed 10–18–19; 8:45 am] BILLING CODE 6450–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP19–502–000] Commonwealth LNG, LLC; Notice of Schedule for Environmental Review of the Commonwealth LNG Project On August 20, 2019, Commonwealth LNG, LLC (Commonwealth) filed an application in Docket No. CP19–502– 000 requesting an authorization pursuant to Section 3 of the Natural Gas Act (NGA), and Parts 153 and 380 of the Federal Energy Regulatory Commission’s (FERC or Commission) regulations to site, construct, and operate a natural gas liquefaction and export facility and an associated natural gas pipeline in Cameron Parish, Louisiana. The proposed project is known as the Commonwealth LNG Project and would produce up to 8.4 million tonnes per annum (MTPA) of liquefied natural gas (LNG) for export. On September 3, 2019, the Commission issued its Notice of Application for the Project. Among other things, that notice alerted other agencies issuing federal authorizations of the requirement to complete all necessary reviews and to reach a final decision on the request for a federal authorization within 90 days of the date of issuance of the Commission staff’s final Environmental Impact Statement (EIS) for the Commonwealth LNG Project. This instant notice identifies the FERC staff’s planned schedule for completion of the final EIS for the Commonwealth LNG Project, which is based on an issuance of the draft EIS in May 2020. Schedule for Environmental Review Issuance of Notice of Availability of the final EIS October 2, 2020 90-day Federal Authorization Decision Deadline December 31, 2020 If a schedule change becomes necessary for the final EIS, an additional notice will be provided so that the relevant agencies are kept informed of the Project’s progress. Project Description Commonwealth proposes to construct and operate the new LNG export facility PO 00000 Frm 00026 Fmt 4703 Sfmt 4703 56185 and accompanying natural gas pipeline on the west side of the Calcasieu Ship Channel at its entrance to the Gulf of Mexico. The LNG export facility would consist of six natural gas liquefaction trains (with nominal liquefaction and production capacities of 1.4 MTPA each), six LNG storage tanks (with storage capacities of 40,000 cubic meters each), and one marine berth capable of accommodating LNG carriers with capacities up to 216,000 cubic meters. Commonwealth would construct a 30inch-diameter natural gas pipeline from the LNG export facility, extending 3.04 miles north to interconnect with existing natural gas pipelines within Cameron Parish. The Commonwealth LNG Project would require about 165 acres to construct and would occupy about 130 acres during operation. Background On August 15, 2017, the Commission staff granted Commonwealth’s request to use the FERC’s pre-filing environmental review process and assigned the Commonwealth LNG Project Docket No. PF17–8. On February 22, 2018, the Commission issued a Notice of Intent to Prepare an Environmental Impact Statement for the Planned Commonwealth LNG Project, Request for Comments on Environmental Issues, and Notice of Public Scoping Session (NOI). The NOI was issued during the prefiling review of the Commonwealth LNG Project and was sent to federal, state, and local government agencies; elected officials; affected landowners; environmental and public interest groups; Native American tribes and regional organizations; commenters and other interested parties; and local libraries and newspapers. Major issues raised during scoping include impacts on wetlands, migratory birds, and migratory bird habitat; impacts on the ecological habitat of surrounding properties; impacts of rerouted stormsurge on surrounding properties; and impacts on recreational boating and fishing. All substantive comments will be addressed in the EIS. The U.S. Army Corps of Engineers, U.S. Coast Guard, U.S. Department of Energy, U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration, U.S. Environmental Protection Agency, U.S. Fish and Wildlife Service, and National Oceanic and Atmospheric Administration’s National Marine Fisheries Service are cooperating agencies in the preparation of the EIS. E:\FR\FM\21OCN1.SGM 21OCN1

Agencies

[Federal Register Volume 84, Number 203 (Monday, October 21, 2019)]
[Notices]
[Pages 56184-56185]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-22855]


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DEPARTMENT OF ENERGY

[FE Docket Nos. 13-69-LNG, 14-88-LNG, and 15-25-LNG]


Venture Global Calcasieu Pass, LLC

AGENCY: Office of Fossil Energy, DOE.

ACTION: Notice of change in control.

-----------------------------------------------------------------------

SUMMARY: The Office of Fossil Energy (FE) of the Department of Energy 
(DOE) gives notice of receipt of a Notification Regarding Equity 
Ownership Change in Accordance with Procedures for Change in Control 
(Notice) filed September 6, 2019, by Venture Global Calcasieu Pass, LLC 
(Calcasieu Pass) in the above-referenced dockets. The Notice describes 
a change in control of Stonepeak Partners LP (Stonepeak), as well as an 
internal reorganization implemented in connection with the debt and 
equity financing of the Calcasieu Pass liquefied natural gas (LNG) 
export project (Project). The Notice was filed under section 3 of the 
Natural Gas Act (NGA), 15 U.S.C. 717b.

DATES: Protests, motions to intervene, or notices of intervention, as 
applicable, 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, November 5, 2019.

ADDRESSES: 
    Electronic Filing by email: [email protected].
    Regular Mail: U.S. Department of Energy (FE-34), Office of 
Regulation and International Engagement, 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 Regulation and 
International Engagement, Office of Fossil Energy, Forrestal Building, 
Room 3E-042, 1000 Independence Avenue SW, Washington, DC 20585.

FOR FURTHER INFORMATION CONTACT: 
Benjamin Nussdorf or Amy Sweeney, U.S. Department of Energy (FE-34), 
Office of Regulation and International Engagement, Office of Fossil 
Energy, Forrestal Building, Room 3E-042, 1000 Independence Avenue SW, 
Washington, DC 20585, (202) 586-7893; (202) 586-2627.
Cassandra Bernstein or Kari Twaite, U.S. Department of Energy (GC-76), 
Office of the Assistant General Counsel for Electricity and Fossil 
Energy, Forrestal Building, 1000 Independence Avenue SW, Washington, DC 
20585, (202) 586-9793; (202) 586-6978.

SUPPLEMENTARY INFORMATION: 

Summary of Change in Control

    As noted above, Calcasieu Pass filed a Notice in the above-
referenced dockets.\1\ In the Notice, Calcasieu Pass states Calcasieu 
Pass now is a wholly-owned subsidiary of Calcasieu Pass Pledgor, LLC, 
which is in turn a wholly-owned subsidiary of Calcasieu Pass Holdings, 
LLC. Stonepeak has made equity investments totaling $1.3 billion, in 
Calcasieu Pass Holdings, LLC and Calcasieu Pass Funding, LLC, effective 
August 19, 2019.
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    \1\ Venture Global Calcasieu Pass, LLC, FE Docket Nos. 13-69-
LNG, 14-88-LNG, and 15-25-LNG, Notice of Change in Control (Sept. 6, 
2019) [hereinafter Calcasieu Pass Notice].
---------------------------------------------------------------------------

    Calcasieu Pass Holdings, LLC has two members: One member, Calcasieu 
Pass Funding, LLC, owns all the common units of the company. The other 
member, Stonepeak Bayou Holdings LP, a Delaware limited partnership 
affiliated with Stonepeak, owns all the preferred units of the company. 
The preferred units will convert into common units upon the commercial 
operation date of the Project and will constitute a minority of the 
total common units of the company at that time (but more than ten 
percent).
    Calcasieu Pass Holdings, LLC is managed and directed by a board of 
three managers: Two designated by Calcasieu Pass Funding, LLC and one 
designated by Stonepeak Bayou Holdings, LP. Under certain extraordinary 
circumstances such as events of default and material breaches or 
termination of key Project contracts, Stonepeak Bayou Holdings LP would 
obtain the right to appoint a majority of the board of managers of 
Calcasieu Pass Holdings, LLC for a limited period of time lasting until 
thirty days after such circumstances are no longer continuing, at which 
time Calcasieu Pass Funding, LLC will once again have the right to 
appoint a majority of the board of managers. In addition, the manager 
designated by Stonepeak Bayou Holdings LP generally has the right to 
direct Calcasieu Pass Holdings, LLC and its subsidiaries with respect 
to certain uncured material breaches or defaults by Venture Global LNG, 
the ultimate parent company of Calcasieu Pass, or its affiliates under 
contracts to which Venture Global LNG and its affiliates are party that 
have an adverse impact on the Project.
    Calcasieu Pass Funding, LLC, in turn, also has two members. All of 
its common units are owned by Venture Global Calcasieu Pass Holding, 
LLC, which is a direct, wholly-owned subsidiary of Venture Global LNG. 
All of the company's preferred units, which are redeemable over time, 
are owned by Stonepeak Bayou Holdings II LP, another Delaware limited 
partnership affiliated with Stonepeak. All of the company's business 
and affairs, however, are generally managed by the holder of its common 
units.
    Additional details can be found in Calcasieu Pass' Notice, posted 
on the DOE/FE website at: https://www.energy.gov/sites/prod/files/2019/09/f66/Calcasieu_Pass_CIC_Notice_9619.pdf (Sept. 6, 2019).

DOE/FE Evaluation

    DOE/FE will review Calcasieu Pass' Notice in accordance with its 
Procedures for Changes in Control Affecting Applications and 
Authorizations to Import or Export Natural Gas (CIC Revised 
Procedures).\2\ Consistent with the CIC Revised Procedures, this notice 
addresses only the authorizations granted to Calcasieu Pass to export 
liquefied natural gas (LNG) to non-free trade agreement (non-FTA) 
countries in DOE/FE Order No. 4346 (FE Docket Nos. 13-69-LNG, 14-88-
LNG, and 15-25-LNG, respectively). If no interested person protests the 
change in control and DOE takes no action on its own motion, the change 
in control will be deemed granted 30 days after publication in the 
Federal Register. If one or more protests are submitted, DOE will 
review any motions to intervene, protests, and answers, and will issue 
a determination as to whether the proposed change in control has been 
demonstrated to render the underlying authorization inconsistent with 
the public interest.
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    \2\ 79 FR 65541 (Nov. 5, 2014).
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Public Comment Procedures

    Interested persons will be provided 15 days from the date of 
publication of this notice in the Federal Register in order to move to 
intervene, protest, and answer Calcasieu Pass' Notice. Protests, 
motions to intervene, notices of intervention, and written comments are 
invited in response to this notice only as to the change in control 
described in Calcasieu Pass' Notice, and only with

[[Page 56185]]

respect to Calcasieu Pass' non-FTA authorization in DOE/FE Order No. 
4346.\3\ All protests, comments, motions to intervene, or notices of 
intervention must meet the requirements specified by DOE's regulations 
in 10 CFR part 590.
---------------------------------------------------------------------------

    \3\ Intervention, if granted, would constitute intervention only 
in the change in control portion of this proceeding, as described 
herein.
---------------------------------------------------------------------------

    Filings may be submitted using one of the following methods: (1) 
Preferred method: emailing the filing to [email protected], with the 
individual FE Docket Number(s) in the title line, or Venture Global 
Calcasieu Pass Change in Control in the title line to include all 
applicable dockets in this notice; (2) mailing an original and three 
paper copies of the filing to the Office of Regulation, Analysis, and 
Engagement at the address listed in ADDRESSES; or (3) hand delivering 
an original and three paper copies of the filing to the Office of 
Regulation, Analysis, and Engagement at the address listed in 
ADDRESSES. All filings must include a reference to the individual FE 
Docket Number(s) in the title line, or Venture Global Calcasieu Pass 
Change in Control in the title line to include all applicable dockets 
in this notice. 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 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.
    Calcasieu Pass' Notice and any filed protests, motions to 
intervene, notices of intervention, and comments are available for 
inspection and copying in the Office of Regulation, Analysis, and 
Engagement 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 Notice and any filed protests, motions to intervene, notices of 
intervention, 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 October 15, 2019.
Amy Sweeney,
Director, Office of Regulation, Analysis, and Engagement, Office of Oil 
and Natural Gas.
[FR Doc. 2019-22855 Filed 10-18-19; 8:45 am]
 BILLING CODE 6450-01-P
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