What is Downeast LNG’s Approach?
Downeast LNG believes that the success of LNG projects hinges on two key components: 1) a developer who demonstrates a commitment to the community and support for local economic development, and 2) active participation by the community. We are confident that we can develop a commercially viable project while working with the community to ensure that residents are apprised of the project and play an active role in its development. Given our experience with energy project development, we believe that our proposed LNG facility can serve as a catalyst for community and economic development. To demonstrate our commitment, Downeast LNG will prepare and implement an economic development plan and contribute up to $500,000 annually to support local economic development through business creation and job growth (see our Sustainable Economic Development Plan).