Pembina Pipeline to Pause Jordan Cove LNG Project -S&P Global Platts
April 23 2021 - 1:50PM
Dow Jones News
--Pembina Pipeline Corp. said in a court filing that it is
pausing development of the Jordan Cove liquefied natural gas
project in Oregon, S&P Global Platts reported Friday.
--In February, the company said that "in light of current
regulatory and political uncertainty," it recognized an impairment
in its Jordan Cove investment and was "evaluating the path
forward."
--The S&P Platts report said Pembina didn't state how long
the pause would last.
Full story:
https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/042321-pembina-decides-to-pause-development-of-jordan-cove-lng-terminal-in-oregon
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
April 23, 2021 14:35 ET (18:35 GMT)
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