BP Abandons Crown Landing LNG Terminal Project for the Foreseeable Future Due to Changes in Global Energy Markets

摘要

The plan that BP devised to build the 700 million-plus Crown Landing natural gas import terminal along the Delaware River near New Jersey's shores has been suspended "for the foreseeable future," according to news sources. A BP spokesman confirmed the company is notifying local governments that preliminary work will cease. The company cited changes in global energy markets for its decision to abandon the project.