U.S. Rejects Multibillion-Dollar Jordan Cove Gas Export Plan

Updated on
  • Project's benefits don't `counterbalance' impacts: regulators
  • Veresen first applied for Jordan Cove terminal in May 2013

U.S. regulators rejected Veresen Inc.’s multibillion-dollar proposal to build a terminal in Oregon that would export as many as two tankers of natural gas a week. They also denied its plan to build a pipeline with Williams Partners LP to supply gas to the terminal.

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