Port officials are trying to hammer out a new deal with Jordan Cove Energy Project before existing land sale agreements expire later this year.

The Oregon International Port of Coos Bay has scheduled a special meeting at 1:15 p.m. Thursday to consider a new agreement with the liquefied natural gas developer. But negotiations haven’t concluded, said Jeff Bishop, the port’s executive director.

“Things are still a bit tentative,” he said. “It’s not complicated, the agreement. There are many parties to the agreement and getting their issues resolved takes time.”

The existing agreement involves the port, Jordan Cove, Weyerhaeuser Co., the state of Oregon and Umpqua Bank. The port has until Dec. 1 to execute a contract with Weyerhaeuser to purchase 1,300 acres of property on the North Spit. It has a similar amount of time to sell about 150 acres of that land to Jordan Cove so the company can build an LNG terminal.

The port has received loans from the state and Umpqua Bank that would be paid back with revenues and taxes obtained from the LNG project.

Bishop said he will be out of town next week, so the meeting was scheduled even though a tentative agreement is still in the works.

“We are running out of time,” he said.

Port commissioners also will consider whether to take on an advocacy role for the Oregon Resources project, which could be a potential user of the Coos Bay Rail Link, Bishop said. He said the likely first step would involve learning more about the project.

The meeting is to take place following an executive session in the port’s conference room, 125 Central Ave. The special meeting will be held in the port commission chambers, suite 230.