Columbia Gas Transmission, LLC Submits Implementation Plan under CP15-95.

UNITED STATES OF AMERICA DEPARTMENT OF ENERGY OFFICE OF FOSSIL ENERGY _______________________________________ ) LNG DEVELOPMENT COMPANY, LLC ) (d/b/a Oregon LNG) ) FE DOCKET NO. 12-77-LNG _______________________________________ ) ORDER CONDITIONALLY GRANTING LONG-TERM MULTI-CONTRACT AUTHORIZATION TO EXPORT LIQUEFIED NATURAL GAS BY VESSEL FROM THE OREGON LNG TERMINAL IN WARRENTON, CLATSOP COUNTY, OREGON TO NON-FREE TRADE AGREEMENT NATIONS DOE/FE ORDER NO. 3465 JULY 31, 2014 TABLE OF CONTENTS I. INTRODUCTION................................................................................................................. 1 II. SUMMARY OF FINDINGS AND CONCLUSIONS .......................................................... 6 III. PUBLIC INTEREST STANDARD ...................................................................................... 6 IV. DESCRIPTION OF REQUEST ............................................................................................ 8 A. Background ..................................................................................................................... 9 1. Description of Applicant and Facility...................................................................... 9 2. Procedural History ................................................................................................. 10 B. Liquefaction Project ...................................................................................................... 11 C. Business Model ............................................................................................................. 12 D. Source of Natural Gas ................................................................................................... 13 E. Environmental Review .................................................................................................. 13 V. APPLICANTS PUBLIC INTEREST ANALYSIS ........................................................... 14 A. North American Natural Gas Supply ............................................................................ 16 B. Domestic Natural Gas Demand ..................................................................................... 20 C. Impact of the Proposed Exports on Domestic Prices of Natural Gas ........................... 22 D. Supply/Demand Balance Demonstrates Lack of Domestic Need ................................. 23 E. Local, Regional, and National Economic Benefits ....................................................... 24 F. International Benefits .................................................................................................... 27 VI. LNG EXPORT STUDY ...................................................................................................... 29 A. EIA Study, Effect of Increased Natural Gas Exports on Domestic Energy Markets ... 29 1. Methodology .......................................................................................................... 29 2. Scope of EIA Study ..................................