PORTLAND, Ore. (AP) — Backers of a proposed $800 million natural gas pipeline across the Oregon Cascades have told federal energy regulators that their project is in limbo, and needs more “commercial underpinning” to move forward.
The Oregonian reported that Palomar Gas Transmission, a joint venture between Northwest Natural Gas Co. and TransCanada Corp., told the Federal Energy Regulatory Commission this week that it is reviewing the project since losing its biggest prospective customer, a liquefied natural gas terminal on the Columbia River that went broke.
Palomar has consistently said the loss of the Bradwood Landing LNG terminal would not affect the eastern portion of the pipeline.
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Information from: The Oregonian, http://www.oregonlive.com