Petronas Encouraged by Talks with B.C. Premier
Posted on Oct 9, 2014 in Canada & Mexico, LNG Exports | Comments Off on Petronas Encouraged by Talks with B.C. Premier
Petronas issued a press release Tuesday stating that it was “encouraged” by recent talks with British Columbia’s (B.C.) Premier Christy Clark and Minister of Natural Gas Development Rich Coleman regarding Petronas’s proposed Pacific NorthWest LNG (PNW LNG) export project on Lelu Island, B.C. The press release states that the meetings produced agreement on “clear milestones, action...
B.C.’s LNG Industry a Chance, Not a Windfall
Posted on Oct 7, 2014 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on B.C.’s LNG Industry a Chance, Not a Windfall
The Vancouver Sun reports that in a speech read this week by Lieutenant Governor Judy Guichon before the British Columbia (B.C.) legislature’s special session, B.C.’s nascent LNG industry was characterized as “a chance — not a windfall,” and no mention was made of Premier Christy Clark’s past “election promises for a $1-trillion economic windfall from LNG that would fill a $100-billion...
Article Discusses Environmental Issues Related to Petronas’ Proposed B.C. LNG Export Terminal
Posted on Sep 30, 2014 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Article Discusses Environmental Issues Related to Petronas’ Proposed B.C. LNG Export Terminal
An article in The Globe and Mail discusses environmental issues related to Petronas’ proposed Pacific NorthWest LNG export terminal on Lelu Island, British Columbia (B.C.), including the potential impact of the terminal on the region’s salmon and steelhead trout...
Woodfibre LNG and China’s Guangzhou Gas Group Sign Preliminary Offtake Agreement for B.C. LNG Supplies
Posted on Sep 26, 2014 in Canada & Mexico, Markets and Competition | Comments Off on Woodfibre LNG and China’s Guangzhou Gas Group Sign Preliminary Offtake Agreement for B.C. LNG Supplies
Reuters reports that Woodfibre LNG (Woodfibre) has signed a preliminary offtake agreement with Chinese gas distributor Guangzhou Gas Group Co. Ltd (Guangzhou) for LNG supplies from Woodfibre’s proposed LNG terminal near Squamish, British Columbia (B.C.). The article states that under the agreement, Woodfibre will provide 1 million tonnes of LNG per year, approximately half of the LNG...
B.C. Discounts Petronas Threat to Call Off LNG Export Terminal
Posted on Sep 25, 2014 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on B.C. Discounts Petronas Threat to Call Off LNG Export Terminal
The Globe and Mail reports that Petronas CEO Shamsul Abbas’s statement that he is “ready to call off” the proposed Pacific Northwest LNG export terminal project in British Columbia could be a negotiating tactic, according to Rich Coleman, B.C.’s Minister of Natural Gas Development. Abbas’s statement was in apparent frustration with the lengthy regulatory approval process, the...
New B.C. LNG Tax Laws to be Unveiled in October
Posted on Sep 24, 2014 in Canada & Mexico, Policy, Legislation and Politics | Comments Off on New B.C. LNG Tax Laws to be Unveiled in October
The Globe and Mail reports that British Columbia (B.C.) will unveil its proposed new tax laws for the LNG industry in October, with an anticipated implementation date of November 30,...