Macquarie Infrastructure's Hawaii Gas Business Clears Federal Hurdle to Transporting Containerized LNG

Macquarie Infrastructure Company's MIC Hawai'iGas business received a decision from the Federal Energy Regulatory Commission (FERC) that is expected to accelerate Hawai'iGas' proposal to transport containerized liquefied natural gas (LNG) from the U.S. mainland to Hawaii. In a decision published yesterday, the FERC declined to assert jurisdiction over Hawai'iGas' proposal, thereby removing a potential federal hurdle to the project. Hawai'iGas sought FERC approval in an August 2012 filing. The project remains subject to satisfaction of state and local regulatory requirements.