ConocoPhillips, one of the four partners in the long-planned C$16.2 billion Mackenzie Gas Project (MGP), said Friday the co-venturers have suspended funding because of “a continued decline in market conditions and the lack of acceptable commercial terms.”
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Mackenzie Gas Pipeline Partners Suspend Funding
ConocoPhillips, a partner in the long-planned C$16.2 billion Mackenzie Gas Project (MGP), said Friday the co-venturers have suspended funding because of “a continued decline in market conditions and the lack of acceptable commercial terms.”
April 9, 2012