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Article Sheds Light on Golar/EXMAR Canadian LNG Barge Dispute

An article in Upstream sheds light on the apparent dispute between Golar LNG and EXMAR regarding EXMAR’s signing of a letter of intent (LOI) to provide a floating liquefaction and storage unit (FLSU) for the BC LNG project in British Columbia. According to the article, a “final investment decision on BC LNG, previously known as Douglas Channel, is set to be taken by the end of this...

BC LNG Denies Agreement with EXMAR for Douglas Channel Terminal Barge

BC LNG released statement clarifying that contrary to news reports, the sponsors of the proposed BC LNG floating export terminal (FSLU) project at Douglas Channel, British Columbia have not “given any approval to EXMAR for supply of a barge or for direct participation in the relevant project entities and to date has not had any discussions of any kind with EXMAR for the...

Douglas Channel LNG Project Postponed

The Financial Post reports that the proposed small-scale Douglas Channel LNG liquefaction plant and export terminal in British Columbia has been postponed due to the inability of its sponsors “to secure meaningful off-take agreements for the project” and “due to adverse economic conditions and worsening global energy price levels.”  The sponsors of the project are AltaGas, Idemitsu...

AltaGas’s Proposed Floating Liquefaction Facility Facing C$100 Million Customs Duty

AltaGas Ltd., one of the sponsors of the proposed Douglas Channel LNG export terminal at Kitimat, British Columbia, is delaying a final investment decision on the project pending the outcome of an appeal of a C$100 million federal customs duty imposed on a floating liquefaction plant that one of its partners, Belgium’s Exmar NV, is building for the project.  According to a Business in...

AltaGas DCLNG Files for Export License for Douglas Channel B.C. Project

AltaGas DCLNG General Partner Inc. (“AltaGas GP”) filed an application with the Canadian National Energy Board to export approximately 365 Bcf/year over 25 years from a proposed floating LNG terminal near Kitimat, British Columbia (B.C.).  The project is a partnership among AltaGas GP, AltaGas Idemitsu Joint Venture Limited Partnership, a partnership between AltaGas Ltd. and Japanese...

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