Calypso U.S. Pipeline is surrendering its authorization and presidential permit to build an offshore pipeline to ship regasified LNG to Florida, according to a filing released Tuesday.
The company has been planning the pipeline since 2004, when the company received its first authorization from the U.S. Federal Energy Regulatory Commission.
Calypso originally planned to build a pipeline to Florida from a planned LNG import terminal in the Bahamas. But that facility was delayed, so FERC in 2007 approved a separate plan to also interconnect with a deepwater LNG terminal 10 miles off the coast of Florida proposed by Calypso affiliate SUEZ Calypso.
