Resources Energy’s Proposed Alaska LNG Terminal Cancelled
Posted on Mar 22, 2017 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Resources Energy’s Proposed Alaska LNG Terminal Cancelled
KTVA Alaska reports that Japanese-based firm Resources Energy, Inc. (REI) has cancelled its plans to build a small, nearly $1 billion LNG plant at Port MacKenzie, Cook Inlet, Alaska due to low LNG prices. REI planned to supply LNG to two municipal and regional industrial customers in Japan.