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Hess abandons Weaver’s Cove LNG project

By Chris Barrett
PBN Staff Writer
FALL RIVER – Hess LNG announced Monday it was abandoning plans to develop a controversial liquefied natural gas terminal in Weaver’s Cove.

Hess LNG President Gordon Shearer said changing economics led the company to withdraw applications for the $700 million facility in Mount Hope Bay proposed eight years ago.
More: FALL RIVER – Hess LNG announced Monday it was abandoning plans to develop a controversial liquefied natural gas terminal in Weaver’s Cove.

Hess LNG President Gordon Shearer said changing economics led the company to withdraw applications for the $700 million facility in Mount Hope Bay proposed eight years ago.
More: FALL RIVER – Hess LNG announced Monday it was abandoning plans to develop a controversial liquefied natural gas terminal in Weaver’s Cove.

Hess LNG President Gordon Shearer said changing economics led the company to withdraw applications for the $700 million facility in Mount Hope Bay proposed eight years ago.
More: http://www.pbn.com/Hess-abandons-Weavers-Cove-LNG-project,58983

June 13, 2011 | Permalink

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