Posted on Feb 17, 2006 in
Financing,
Regas Terminals & Capacity,
State and Local Issues |
Comments Off on Investors Pull Out of Port Westward LNG
The Daily Astorian reports that Port Westward LNG has temporarily suspended its proposal for an LNG terminal near the lower Columbia River because the company has not been able to secure control of the proposed project site. According to the CEO of Port Westward, project investors have withdrawn their financial support, which appears to have derailed a December 2005 negotiated lease...