LNG

Pembina Pipeline Corp. of Canada said it was still on track to develop the Jordan Cove LNG export project at Coos Bay in the northwest state of Oregon as it reported an increase in profits while seeking to boost future earnings with the acquisition of a major Canada-US pipeline from Kinder Morgan.

Canadian political tension over energy and environmental policies and the development of natural gas, LNG exports and minerals are escalating as ministers in three provinces have rejected the approach of the federal government in Ottawa, saying it offered no real solutions to carbon emissions beyond taxing hard-working families and businesses.