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Third company enters LNG race
Tuesday, October 14, 2008 | No comments posted.
WARRENTON (AP) — Backers of a third proposed liquefied natural gas terminal, this one near Warrenton, have applied to federal energy regulators to build a facility on a spit of sand that juts into the Columbia River.
Most attention has been on applications for terminals at Bradwood Landing on the lower Columbia River and Jordan Cove at Coos Bay.
The Oregon LNG project initially was launched by Calpine in 2004, which went bankrupt. A New York-based holding company bought out Calpine. The $1 billion terminal could import 1 billion cubic feet of natural gas a day, about twice Oregon’s needs.
The gas would be shipped through a line running through 121 miles of farm and forestland.
NorthernStar, which would operate Bradwood, has federal approval and is seeking state permits.
Most attention has been on applications for terminals at Bradwood Landing on the lower Columbia River and Jordan Cove at Coos Bay.
The Oregon LNG project initially was launched by Calpine in 2004, which went bankrupt. A New York-based holding company bought out Calpine. The $1 billion terminal could import 1 billion cubic feet of natural gas a day, about twice Oregon’s needs.
The gas would be shipped through a line running through 121 miles of farm and forestland.
NorthernStar, which would operate Bradwood, has federal approval and is seeking state permits.
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