MLNG responds to FERC Info Requests, page-22

Overnight MLNG submitted Monthly Status Report 6.

Magnolia LNG is awaiting the last final federal authorization, the U.S. Army Corps of Engineers Department of Army (Section 404/10) permit. On June 28, 2016, Magnolia LNG submitted the Final Beneficial Use of Dredged Material Plan (BUDM) to the U.S. Army Corps of Engineers, New Orleans District (COE), Louisiana Department of Natural Resources (LDNR), and the National Marine Fisheries Service (NMFS). On June 30, 2016, Magnolia LNG submitted the BUDM to the FERC in compliance with Condition No. 18 of the April 15 Order. Magnolia LNG anticipates that the issuance of the Section 404/10 permit is imminent. Magnolia LNG has received all other required federal authorizations related to the Liquefaction Project.

On September 9, 2016, Magnolia LNG received the Coastal Use Permit from the Louisiana Department of Natural Resources, Office of Coastal Management. The Coastal Use Permit authorizes Magnolia LNG to dredge in coastal waters and to beneficially use dredged material to restore wetlands.

On September 27, 2016, Magnolia LNG submitted responses to the FERC’s September 1, 2016 Data Request from the Implementation Plan Supplemental Materials and Request for Authorization to Commence Initial Site Preparation.

Magnolia LNG awaits the FERC’s authorization to commence initial site preparation.

Hopefully COE will issue permit 404/10 this month - some 3 months after MLNG's original filing - and along with MLNG's Sept 27 filing, the regulatory approval process is finally done.

@doctornoh I believe the 2 parties (GV mentioned) are serious as they want tolling capacity but aren't yet ready to sign (and tie up their Balance Sheets). Yet.