4th Circ. Dims Prospects For Major LNG Project

Law360, New York (December 23, 2009, 3:49 PM EST) -- A federal appeals court has put the kibosh on AES Corp.’s proposed liquefied natural gas terminal on the Chesapeake Bay in Baltimore, rejecting the developer’s challenge to Maryland environmental regulators' refusal to approve the project.

The U.S. Court of Appeals for the Fourth Circuit took the wind out of AES' sails Tuesday and called into question the future of the $400 million project, concluding that the Maryland Department of the Environment did not err when it blocked the project, deeming the environmental fallout too severe....
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