NorthernStar Natural Gas, the developer of the Bradwood Landing LNG project, has filed for bankruptcy.
In papers filed yesterday in Houston, the company says it’s unable to pay its debts and will liquidate under Chapter 7. Company spokesman Charles Deister wouldn’t comment when asked about the filing. He referred me to yesterday’s announcement that the company is suspending work on Bradwood Landing.
Julia Warren who works for the bankruptcy trustee has confirmed the filing.
NorthernStar Natural Gas Bankruptcy Filing
Also, NW Natural said earlier today in a press release that NorthernStar “intends” to file for bankruptcy.
LNG Opponents are holding a 1pm news conference to talk about all this.
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