15 per share to CLNG Limited (Hong Kong) (CLNG) or its affiliate.
CLNG is a private investment company involved in global energy and mineral projects.
is a coalition of LNG producers, shippers, terminal operators and developers, energy trade associations and natural gas consumers.
CLNG President Bill Cooper said DOE's proposal to only issue final approvals after applicants have completed National Environmental Policy Act (NEPA) review fails to address concerns about delays in the agency's review process and the financial impact of regulatory uncertainty.
Instead, CLNG encouraged DOE to void the current Order of Precedence, withdraw the proposed procedural changes and follow the Natural Gas Act and its existing regulations by issuing a decision promptly after the close of each submitted applications' required public comment period.
The Columbia subsidiaries and affiliates--Columbia LNG Corporation, CLNG
Corporation and Columbia Atlantic Trading--through Cove Point LNG own and operate a liquefied natural gas storage and marine terminal near Lusby, Md.