Canadian energy firm Pembina Pipeline Corp. pulled the plug on a years-long project that would have led to greater natural gas exports from to Canada to the U.S.
The multi-billion-dollar Jordan Cove project included plans to construct a marine export terminal, which would have been the first of its kind in the continental U.S., and a 230-mile pipeline across Oregon, The Associated Press reported. The terminal would have liquefied up to 1.04 billion cubic feet of natural gas per day for export and hosted two full-containment storage tanks on site, according to previous federal permit records.
But the project, which dates back to 2004, was fiercely opposed by environmentalists while state officials created permitting roadblocks that Pembina struggled to hurdle. In 2020, the Republican-majority Federal Energy Regulatory Commission approved the project, but the agency rescinded approval in January, upholding Oregon’s rejection of the plans.Read More