• Resources Energy's Proposed Alaska LNG Terminal Cancelled
  • March 24, 2017
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • KTVA Alaska reports that Japanese-based firm Resources Energy, Inc. (REI) has cancelled its plans to build a small, nearly $1 billion LNG plant at Port MacKenzie, Cook Inlet, Alaska due to low LNG prices. REI planned to supply LNG to two municipal and regional industrial customers in Japan.