Progress Energy On Track for FID by Year’s End
Posted on Sep 16, 2014 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on Progress Energy On Track for FID by Year’s End
Financial Post reports that Michael Culbert, chief executive officer of Progress Energy Canada Ltd., an affiliate of Malaysian oil company Petronas Bhd and sponsor of the proposed Pacific NorthWest LNG export terminal on Lelu Island, British Columbia, is still planning on making a final investment decision for the project by the end of 2014. The article also states that Mr. Culbert...
B.C. LNG Export Terminal Sponsors Press for Tax Breaks
Posted on Sep 16, 2014 in Canada & Mexico, Federal Regulation, Policy, Legislation and Politics | Comments Off on B.C. LNG Export Terminal Sponsors Press for Tax Breaks
The Globe and Mail reports that the B.C. LNG Developers Alliance (Alliance), representing four of the largest sponsors of proposed LNG export terminals on British Columbia’s West Coast, recently sent a letter to Canada’s House of Commons Standing Committee on Finance requesting that the terminals be classified as manufacturing operations rather than distribution businesses to gain more...
Haisla Nation Files LNG Export Applications with the Canadian National Energy Board
Posted on Sep 2, 2014 in Canada & Mexico, LNG Exports | Comments Off on Haisla Nation Files LNG Export Applications with the Canadian National Energy Board
The Haisla Nation has filed three separate applications with the Canadian National Energy Board for authority to export LNG to Asian markets. The applicants, Cedar 1 LNG Export Ltd., Cedar 2 LNG Export Ltd., and Cedar 3 LNG Export Ltd., are subsidiaries of Cedar LNG Export Development Ltd., an LNG export development company owned by the Haisla Nation. The quantity of LNG to be...
LNG Limited Finalizes Acquisition of Bear Head LNG Project Site in Nova Scotia
Posted on Aug 28, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on LNG Limited Finalizes Acquisition of Bear Head LNG Project Site in Nova Scotia
LNG Limited (LNGL) announced that it has finalized its acquisition of Bear Head LNG Corporation, which owns an industrial site in Richmond County, Nova Scotia on which LNGL intends to develop an initial 4 million tonnes per annum LNG export project with potential for future expansion. According to the announcement, included in the acquisition are the project rights, assets and...
B.C. Oil and Gas Commission Updates LNG Facility Regulations
Posted on Jul 29, 2014 in Canada & Mexico, LNG Exports | Comments Off on B.C. Oil and Gas Commission Updates LNG Facility Regulations
The British Columbia Oil and Gas Commission announced that it has enacted the new Liquefied Natural Gas Facility Regulation (LNGFR) under the authority of Section 111(2) of the Oil and Gas Activities Act. The announcement states that the LNGFR updates current regulations and is “designed to comprehensively address regulatory aspects associated with proposed small- and large-scale LNG...
Quicksilver Resources Canada Files for LNG Export Authority
Posted on Jul 29, 2014 in Canada & Mexico, LNG Exports | Comments Off on Quicksilver Resources Canada Files for LNG Export Authority
Quicksilver Resources Canada Inc. (Quicksilver) filed an application with the Canadian National Energy Board to export 20 million tonnes per annum (mtpa) (960 Bcf/year) of LNG over 25 years from the proposed Discovery LNG Project located just north of the City of Campbell River, British Columbia. Quicksilver states that the proposed project would have four liquefaction trains with a...