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November 20, 2009

Astoria LNG terminal gets two favorable decisions

PORTLAND (AP) — Two decisions this week have boosted the prospects for liquefied natural gas company Oregon LNG's proposal to build a terminal on 92 acres near Youngs Bay.

A federal magistrate ruled Tuesday that the Port of Astoria should extend both its sublease with Oregon LNG and its lease with the Department of State Lands for three decades, despite the port's concerns that it might lose money if the LNG terminal doesn't happen.


 
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