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Chevron to Reduce Funding for Proposed Kitimat LNG Terminal

Chevron announced that “[a]s a result of Chevron’s disciplined approach to capital allocation and a downward revision in its longer-term commodity price outlook, the company will reduce funding to various gas-related opportunities including Appalachia shale, Kitimat LNG, and other international projects. Chevron is evaluating its strategic alternatives for these assets, including...

NEB Grants Chevron Canada 40-year LNG Export License

BNN Bloomberg reports that the Canadian National Energy Board (NEB) has approved Chevron Canada’s application for a 40-year license to export LNG from its proposed liquefaction and LNG export terminal at Kitimat, British Columbia. The license was granted despite environmental opposition. According to the report, the Kitimat LNG project “is designed to be the world’s first...

Chevron Canada Proposes to Nearly Double Size of Proposed Kitimat LNG Terminal

Reuters reports that Chevron Canada Ltd and Woodside Energy Ltd have applied to Canada’s National Energy Board for a new license for their proposed Kitimat LNG plant in northern British Columbia to nearly double the size. The proposal features a revised plant design that may include up to three LNG trains instead of two, and would produce 18 million tonnes per annum (mtpa), up from the...

DOE Grants Authorization for Non-FTA LNG Re-Exports from Proposed Mexican Terminals

The U.S Department of Energy (DOE) has issued an order authorizing Energía Costa Azul, S. de R.L. de C.V. (ECA) to re-export, over a 20-year period, up to 475 Bcf/yr of U.S.-sourced natural gas in the form of LNG to nations without a Free Trade Agreement with the United States (non-FTA). ECA is authorized to re-export the LNG by vessel from the proposed ECA Large-Scale Project, to be...

LNG Canada to Pursue Project Despite Protests Against Feeder Pipeline

Andy Calitz, CEO of LNG Canada, released a statement saying that “[d]espite opposition Coastal GasLink is currently facing, LNG Canada has every intention to continue to advance our project and maintain our construction schedule to deliver jobs and economic benefits to First Nations, local residents and British Columbians.”  Coastal GasLink is the proposed pipeline that would provide...

ExxonMobil and Imperial Withdraw Proposed B.C. LNG Terminal Application

Reuters reports that ExxonMobil and Imperial (Oil Resources Ltd) have withdrawn their proposed West Coast Canada (WCC) LNG project in northern British Columbia (B.C.) from the environmental review process, “signaling that the project has been shelved.” According to the report, “[t]he project was being jointly reviewed by the province and Canadian environmental regulators, an assessment...

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