Regional LNG: Calpine drops California LNG project plan

US energy company Calpine Corporation has withdrawn its plans to proceed with a liquefied natural gas terminal at Samoa Point, in Eureka, Calif., and is ceasing development activities, the company said Thursday.

"Based on feedback from the local community and public officials, we believe this decision is best for all parties," said Calpine Vice President Ken Koye.

A senior official at Indonesian upstream oil and gas authority BP Migas last years said it had held talks with Calpine over the possibility to supply LNG to the company's proposed LNG project. (alex)