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Bechtel Enterprises Holdings, Inc. Announces It Will Suspend Its Efforts to Site Energy Facilities on Mare Island

January 30, 2003

Bechtel Enterprises Holdings, Inc. (Bechtel) announced it will suspend its efforts to site an LNG receiving terminal, storage facility, and associated power plant on Mare Island, near Vallejo, California. The company has been exploring the possibility for a little over a year.