Liquefied Natural Gas Limited to Acquire Nova Scotia LNG Terminal Site
Posted on Jul 28, 2014 in Canada & Mexico, LNG Exports | Comments Off on Liquefied Natural Gas Limited to Acquire Nova Scotia LNG Terminal Site
Liquefied Natural Gas Limited (LNGL) announced that it will acquire the Bear Head LNG terminal site in Nova Scotia for US$11 million. The site was at one time being developed as an LNG import terminal by Anadarko Petroleum. LNGL states that it proposes to develop the site for a 4 million tonnes per year LNG export project with potential for future expansion. The Company added that...
Australia’s Woodside Seeks Canadian LNG Export Authority
Posted on Jul 22, 2014 in Canada & Mexico, LNG Exports | Comments Off on Australia’s Woodside Seeks Canadian LNG Export Authority
The Financial Post reports that Woodside Energy Holdings Pty Ltd., an affiliate of Australia’s Woodside Petroleum, has filed an application with the Canadian National Energy Board to export 20 million tonnes of LNG per year for 25 years from a proposed terminal at Grassy Point, British Columbia, approximately 30 kilometres north of Prince...
Watson Island LNG and the City of Prince Rupert, B.C. Sign Exclusivity Agreement for Export Terminal
Posted on Jul 17, 2014 in Canada & Mexico, LNG Exports | Comments Off on Watson Island LNG and the City of Prince Rupert, B.C. Sign Exclusivity Agreement for Export Terminal
On Wednesday, Watson Island LNG Corp. (WILNG) and the City of Prince Rupert, British Columbia, announced that they have entered into an exclusivity agreement for an LNG export terminal. Under the agreement, WILNG will re-purpose Watson Island, B.C. into a small LNG export terminal. Mayor Jack Mussallem remarked on the agreement: “We are optimistic this project will be an economic...
Enbridge Says Alaskan Pipeline Could Be Ready by 2020
Posted on Jul 14, 2014 in Canada & Mexico, LNG Exports, Pipelines | Comments Off on Enbridge Says Alaskan Pipeline Could Be Ready by 2020
Enbridge is in discussions with Alaska to build an $8 billion natural gas pipeline if a competing project fails. Enbridge would be the builder and operator of a 1,163 kilometer pipeline that would carry natural gas from the North Slope to Fairbanks and other parts of southern...
Report Questions Canada’s Preparedness for Future LNG Market
Posted on Jul 11, 2014 in Canada & Mexico, Federal Regulation, LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Report Questions Canada’s Preparedness for Future LNG Market
A report published in July 2014 by the University of Calgary, School of Public Policy says there is a serious risk of Canada losing out on a large share of the global LNG market. The market for natural gas in the Asia-Pacific region is expected to increase over 60% by 2025, and LNG is predicted to comprise almost 66% of the global gas market by 2035. These opportunities would open a...
Canada Environmental Assessment Agency Opens Public Comments on Aurora LNG Project
Posted on Jul 9, 2014 in Canada & Mexico, Environmental | Comments Off on Canada Environmental Assessment Agency Opens Public Comments on Aurora LNG Project
The Canadian Environmental Assessment Agency (“the Agency”) will determine whether a federal environmental assessment is required for the proposed Aurora LNG Project in the Prince Rupert area of British Columbia (B.C.). If the Agency determines an environmental assessment is required, then the Government of British Columbia has requested a substitution of the B.C. environmental...