Hess Abandons Plans for LNG Terminal
Projo.com reports that Hess has withdrawn its plans to build an LNG plant.
The entrance to the Tiverton Basin from Mount Hope Bay looks very different now that the railroad bridge is gone.
Jim Wolstenholme
Photos (1)
Photos
Projo.com is reporting that Hess has withdrawn plans to construct an LNG plant at Weaver Cove in Fall River, MA.
The plan was withdrawn due to "unfavorable economics," according to the announcement made late Monday.
Several state politicians, including U.S. Senators Jack Reed and Sheldon Whitehouse, called the withdrawal of the project a "victory."
To read the full article, click here.
