Oregon LNG has announced that it has ceased operations on the Oregon LNG Project.
Oregon LNG confirmed that the owner of the LNG project, Leucadia National Corp., has decided to cease funding the project.
In a short statement released on its website, Oregon LNG said: “Oregon LNG thanks all those in the project area who supported its 12-year effort to bring good jobs and tax revenues to Warrenton and Clatsop County by building a LNG terminal and associated pipeline. Oregon LNG will have no further comment.”
The proposed US$6 billion project would have included an LNG export terminal located in Warrenton, Oregon, US, at the mouth of the Columbia River, and a natural gas connector pipeline to bring largely Canadian natural gas from an existing pipeline in Washington State to the terminal site. Oregon LNG hoped that the LNG project would have produced up to 9 million tpy of LNG.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/19042016/oregon-lng-project-ceases-operations-2304/