The company's announcement of its plans at the end of last week will set in motion a circuitous approval process that will begin with a formal application to the Federal Energy Regulatory Commission. The project also entails approvals at the community and state levels, as well as additional federal scrutiny from the Department of Transportation, the Coast Guard and the EPA.
BP officials expect the approval process to take "at least 18 months," according to a spokesperson, who adds that construction isn't likely to begin until at least three years from now. If that schedule holds up, the facility could be up and running by late 2008, according to the spokesperson.
The location is a 40-acre site within this community's Delaware River waterfront Crown Landing tract. BP is also in the process of buying the entire 175 acres for future use, according to officials.
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