Cheniere Energy Inc (LNG)

[sailfreeee]

and the reason is http://fuelfix.com/blog/2015/06/23/cheniere-cleared-to-expand-sabine-pass-lng-terminal/#27079101=0

Cheniere Energy cleared its final regulatory hurdle to expand its Sabine Pass liquefied natural gas export terminal after the federal government Tuesday dismissed an environmental group’s concerns about the project.

The Sierra Club had asked the Federal Energy Regulatory Commission to reconsider its April 6 approval of two additional production facilities slated to boost Sabine Pass LNG’s production by 50 percent. The group argued that the project would spur an increase in natural gas production to feed the export terminal, which in turn could lead to a spike in air pollution and uptick in gas prices.

The agency on Tuesday rejected those arguments as it has in the past when the Sierra Club made similar claims against other LNG export proposals.

In an order released Tuesday, FERC said it has no jurisdiction to regulate upstream natural gas production — that’s done at the state and local level — nor can it assume that the LNG terminal would lead to a swell of new production.

The order denying Sierra Club’s request for a rehearing throws open the door for Cheniere to start work on plans to add a fifth and sixth train at its Sabine Pass terminal, where four trains already are under construction. The terminal is slated to start production this year, pushing Cheniere toward becoming the first large-scale plant in decades to ship LNG from the continental United States.

Cheniere has been clamoring for FERC to deny the Sierra Club’s request. In a letter to the federal regulator last month, CEO Charif Souki said the company has locked in contracts for the fifth production unit and was poised to give its construction company the green light to start work, but it couldn’t make a final investment decision until the Sierra Club matter was cleared.

Company officials did not immediately respond to requests for comment.