LNG

Project costs set to influence future of Jordan Cove LNG

The Jordan Cove LNG project’s new owner has expressed optimism about the project’s future but warned costs will influence future plans.
By Staff reporter 6 November 2017 0 28261

The Jordan Cove LNG project’s new owner, Pembina Pipeline, has expressed optimism about the project’s future, given its short route to Asia, but warned costs will influence future plans.

Pembina acquired Jordan Cove from Canadian pipeline operator Veresen for $10 billion.

"Clearly, it is a huge project and we’re looking at it carefully," Pembina Chief Executive Mick Dilger said during a Q3 results conference call.

Dilger said the project would be considered during its 2018 company budget review.

Jordan Cove could provide an outlet for gas producers on the...