Pembina Nixes Jordan Cove LNG Plant Project, Oregon
A unit of Canadian energy company Pembina Pipeline Corp on Wednesday told U.S. energy regulators that it would not move forward with its proposed Jordan Cove liquefied natural gas (LNG) export plant in Oregon.
Pembina paused development of the project in April as the company could not secure state-issued permits and authorizations from various Oregon state agencies.
The $8 billion Jordan Cove is one of several North American LNG projects that have been canceled or delayed over the past year.
Source: Reuters
About Pembina
Calgary-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America’s energy industry for more than 65 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. The Company also owns gas gathering and processing facilities; an oil and natural gas liquids infrastructure and logistics business; is growing an export terminals business; and is currently developing a petrochemical facility to convert propane into polypropylene. Pembina’s integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina’s service offering even further along the hydrocarbon value chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canadian Sedimentary Basin and the other basins where Pembina operates can reach the highest value markets throughout the world.
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