LIMESTONE — Control of a 200-mile pipeline that once carried jet fuel to the former Loring Air Force Base in northern Maine is being auctioned off.
The 6-inch pipeline was built in the 1950s at the height of the Cold War to transport jet fuel from Searsport to the base in Limestone. It was decommissioned in 1994.
The mortgage holder to the pipeline is going to auction the pipeline, the 50-foot right of way around the pipeline and associated equipment on June 4. The auction was scheduled after Loring BioEnergy, which had previously leased the pipeline, defaulted on its payments.
The Bangor Daily News reported that corridors such as the one that holds the pipeline could be used for electric transmission lines, natural gas pipes, data lines or even a railroad.
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