Eagle LNG Achieves Major Milestone by Submitting Draft Resource Report 13 to FERC

Eagle LNG Achieves Major Milestone by Submitting Draft Resource Report 13 to the Federal Energy Regulatory Commission (FERC) for its Jacksonville Project

Jacksonville, FL (August 29, 2016) — Eagle LNG Partners (“Eagle LNG”) is pleased to announce it has achieved a major milestone by submitting draft Resource Report 13 for the Jacksonville Project to the Federal Energy Regulatory Commission (FERC). This filing is part of the FERC pre-filing process. With the submittal of all 13 resource reports, Eagle moves closer to submitting its formal application with FERC under which FERC can authorize the siting and construction of onshore and near-shore liquefied natural gas (LNG) import or export facilities under Section 3 of the Natural Gas Act.  Eagle LNG anticipates filing its formal application with FERC prior to the end of the year.

With this submission, the Jacksonville Project moves closer to receiving the necessary permits and approvals to commence construction and operation of the planned 1.0 mtpa LNG facility in Jacksonville, Florida. “This submission demonstrates our commitment to and the viability of this project and significantly advances our position in the FERC process,” said Dick Brown, CEO of Eagle LNG. “We are pleased that the project continues to gain momentum while simultaneously receiving tremendous support from the City of Jacksonville and North Florida region. We continue to work with interested clients and stakeholders to move toward start-up and commissioning in 2019.”

Eagle LNG has engaged CH-IV International, a whole subsidiary of Clough, as its Owner’s Engineer to help prepare this detailed draft Resource Report. CH-IV are LNG specialists and have tremendous experience and expertise in designing LNG facilities that meet all the Federal and local regulations required by FERC and other governing bodies.

The Jacksonville facility will service domestic applications and nearby small-scale export markets. “Eagle LNG is optimistic about the potential for natural gas to displace heavy fuel oil and diesel. This is a key milestone that Eagle LNG has achieved on schedule,” said Mr. Brown.

FERC and relevant government agencies will continue reviewing the draft reports and provide feedback to Eagle LNG. Upon FERC review of all 13 Resource Reports, and Eagle LNG addressing any concerns identified by FERC, Eagle LNG anticipates that FERC will grant Filing status in 2017.

Eagle LNG strives to maintain a transparent application process. Interested parties will be able to monitor the Jacksonville LNG Project application process on our website www.eaglelng.com