CSX Corporation subsidiary Yukon Pacific is officially pulling out of plans to export LNG from the North Slope of Alaska to Japan, South Korea and Taiwan.
The US Department of Energy has vacated an earlier order to allow the outfit to export up to 350 million tonnes of LNG for a 25 year term.
Yukon said it is no longer pursuing efforts to export LNG and “is in the process of concluding its business affairs”.
The
