Enviro Group Asks FERC To Officially Kill Maine Gas Project

Law360, New York (February 07, 2012, 4:15 PM ET) -- An environmental group asked federal regulators on Monday to officially close the book on a doomed liquefied natural gas project in Maine that unraveled in 2010 after a Goldman Sachs & Co. subsidiary pulled its support and the project's developer lost rights to the land.

The Conservation Law Foundation asked the Federal Energy Regulatory Commission to kill the application for the $1 billion project unless its developer, Calais LNG LLC, could show a plan to revive it.

Calais had planned to build a receiving terminal along...
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