Calpine Withdraws Plans for LNG Project in Eureka, Calif.

Calpine has withdrawn its plans to proceed with a liquefied natural gas terminal at Samoa Point, in Eureka, Calif., and is ceasing development activities.

"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.

Calpine values its relationships with the communities where its plants are located. While there can be differences of opinion, Calpine seeks a clear majority of support for proposed projects.

"The Eureka City Council, the city staff and community leaders are to be commended for their time and effort in considering the project," continued Koye. "We appreciate those who worked with us to explore the potential for the project."