Natural Gas Terminal
6:01 am
Fri March 30, 2012

Future of Oregon LNG In Question

ASTORIA, Ore. -- Changes are afoot at a liquefied natural gas project near Astoria. Amelia Templeton reports.

Three different groups of developers have proposed building terminals to import liquefied natural gas on the Oregon Coast. But with a glut of domestic natural gas, prices in the U.S. are at rock bottom. One LNG project in Oregon, Bradwood Landing, went bankrupt. A second, Jordan Cove, has applied to export natural gas instead of importing it. Now the future of a third project, Oregon LNG, is in question. It’s a proposed terminal in Warrenton.

Fish and wildlife agencies have stopped their review of Oregon LNG, citing its legal problems and possible change in direction. And in documents, the Federal Energy Regulatory Commission says Oregon LNG is planning to change its proposal. Project executive Peter Hanson declined to be recorded. But he said the project has not applied for an export license, and the public will know if it does.

Copyright 2012 Northwest News Network