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Port of Astoria Says Calpine Bankruptcy Does Not Threaten Lease

The Port of Astoria Commission’s president says Calpine’s recent financial woes would not hamper plans to develop an LNG terminal, despite a paragraph in a lease agreement that indicates a bankruptcy might render a default on the contract. Friday’s Daily
January 8, 2006

The Port of Astoria Commission’s president says Calpine’s recent financial woes would not hamper plans to develop an LNG terminal, despite a paragraph in a lease agreement that indicates a bankruptcy might render a default on the contract. Friday’s Daily Astorian has the details.

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