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Jordan Cove places hold on pipeline project

Pembina has placed a hold on the Jordan Cove liquified natural gas pipeline project.

Reports indicate that the company filed a document in a D.C. appeals court, saying that recent regulatory setbacks are keeping the project from going forward.

Reports indicate that Pembina says they continue to believe in the project, but right now it's not worth the money to keep pushing ahead with the current political and regulatory climate.

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