Veresen Falls Most Since 2011 After U.S. Nixes Gas TerminalBy and
U.S. denied application for gas export terminal in Oregon
LNG terminal developers already facing market challenges
Pipeline and power plant owner Veresen Inc. fell by the most in more than four years after U.S. regulators denied its application for a $5.3 billion liquefied natural gas export terminal in Oregon and BMO Capital Markets downgraded its stock.
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