When the numbers stop making sense oil and gas firms pull out. First Agrium closed the fertilizer plant, now ConocoPhillips and Marathon are closing the LNG plant. The press reports sound like the plant will be mothballed and maintained for possible storage use.
ConocoPhillips spokeswoman Natalie Lowman said the intent is mothball the plant "and preserve it for future options that might include exports for natural gas being delivered from the North Slope, imports of LNG, and just generally any reconfiguration of the plant for other natural gas supply options."Is reconfiguration a code word for "import terminal"