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The White House Monday released the MOU intended to ensure there is "one federal decision" on major infrastructure projects with a designated federal agency taking the lead, other cooperating agencies keeping up with deadlines, and a key goal of finishing environmental reports and having a final decision within two years. The action, following up on executive order 1387 released in August 2017, applies to a wide array of projects, including natural gas pipelines and LNG export terminals. The US Federal Energy Regulatory Commission and a host of other departments and agencies signed on, including Interior, Commerce and the Environmental Protection Agency and the US Army Corps of Engineers. Whether you’re a risk manager, research analyst, trader or broker, Platts Gas Daily brings you crucial competitive intelligence across the entire gas marketplace. To request a free trial of Platts Gas Daily, fill out the form below and someone from our team will be in contact with you to setup your trial. Start making decision with confidence in the natural gas market today. The MOU comes as a new crop of natural gas projects -- including some large pipelines in the Gulf Coast area, smaller expansions in the Northeast and LNG export terminal proposals -- are working their way through the review process at FERC. FERC is already designated as the lead agency for gas pipeline reviews by law and sets deadlines for other agencies. But the new MOU is seen as elevating attention to the timelines. Some industry executives suggest the MOU will have influence, at least under the current administration, because it shows high-level willingness to make the permitting machinery move in a timely manner. "The decision-makers in the agencies understand it is expected of them from the White House," said one industry official, commenting on background.
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