AltaGas Ltd. and Idemitsu Kosan Co., Ltd. Announce LNG Export Plans

The Calgary Herald reports that Calgary-based AltaGas Ltd. and refiner Idemitsu Kosan Co., Ltd. of Tokyo will form an equal partnership to pursue opportunities involving exports of LNG and LPG from Canada to Asia. The partnership expects to complete a feasibility study by early 2014 on building an LNG liquefaction and export facility using the pipelines of AltaGas subsidiary Pacific Northern Gas Ltd., which owns the gas pipeline system leading to Kitimat and Prince Rupert on the British Columbia coast. A site for the facility has not been identified.

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