There may be some environmental impacts from the Cameron liquefied natural gas in Louisiana, but they'll be manageable, a U.S. regulator said.

The Federal Energy Regulatory Commission issued its final environmental impact statement on the Cameron LNG facility. It said Wednesday the construction and operation would result in some environmental damage, but that damage would be rendered "less-than-significant" by the company's proposed mitigation strategies.

There was no statement from the project company on FERC's assessment.

The project will be able to export about 12 million tons of LNG sourced from U.S. natural gas basins each year. In February, it received regulatory approval to ship LNG from a terminal in Cameron Parish, La., to countries that don't have a U.S.-free trade agreement, such as India and Japan.

Cameron is the sixth such project in the United States to receive non-FTA approval since 2011.

Construction is scheduled to start this year and full-scale operations should commence in 2019.

Saipem to help with offshore installations for BP-led group
Milan, Italy (UPI) May 1, 2013 –

Italian company Saipem said it won a $1.8 billion contract from BP for engineering and construction work at the Shah Deniz field off the coast of Azerbaijan.

Saipem will transport and install pipelines and associated infrastructure for operations at the second phase of the Shah Deniz field, located about 50 miles off the coast of Azerbaijan in waters as deep as 1,800 feet.

Saipem CEO Umberto Vergine said the Caspian basin is a strategic area that could eventually help meet European energy needs.

"I'm very pleased that Saipem will be involved in the development of Shah Deniz stage 2, which will ultimately deliver gas to Europe," he said in a statement Wednesday.

Last year, the BP-led consortium working in the natural gas field selected the Trans-Adriatic pipeline as its conduit for European consumers. The pipeline is part of the Southern Corridor, a network of pipelines planned to add diversity to a European market dependent on Russian natural gas.

BP estimates the second stage of Shah Deniz will be able to produce more than 560 billion cubic feet of natural gas per year, adding to the 310 billion produced annually from the initial phase.

First gas from the second phase is expected in late 2018.