AltaGas Enters into LOI with British Columbia
Posted on Jun 23, 2014 in Canada & Mexico, LNG Exports | Comments Off on AltaGas Enters into LOI with British Columbia
AltaGas Ltd. and the Province of British Columbia announced that they have signed a Letter of Intent related to the potential development of a liquefaction facility in Dawson Creek, British Columbia. AltaGas plans to build small LNG facilities throughout northern British Columbia, and the Letter of Intent is intended to advance the first phase of the project...
Petronas Seeks $15 billion to Finance Pacific Northwest LNG Project
Posted on Jun 20, 2014 in Canada & Mexico, Financing, LNG Exports | Comments Off on Petronas Seeks $15 billion to Finance Pacific Northwest LNG Project
Petroliam Nasional Berhad (Petronas) is seeking debt-financing of as much as $15 billion for its sponsored Pacific Northwest LNG project on the West Coast of Canada. Spokesman for the Pacific NorthWest LNG project told the Financial Post, “[y]es, we have contracted Société Générale S.A. as the financial advisor. They will be going out and looking to acquire financing for the...
Department of Energy Approves Texas LNG to Export Gas
Posted on Jun 18, 2014 in Canada & Mexico, LNG Exports | Comments Off on Department of Energy Approves Texas LNG to Export Gas
The US Department of Energy granted Texas LNG approval to export to Free Trade Agreement countries. Texas LNG has approval to export the equivalent of 100 Bcf/y (approximately 2 MTA) of domestically produced LNG. The authorization is for a 25-year term to current and future Free Trade Agreement countries. Texas LNG is currently building a $1 billion terminal in South Texas at the Port...
Article Discusses Alaska and B.C. LNG Export Competition
Posted on Jun 12, 2014 in Canada & Mexico, LNG Exports | Comments Off on Article Discusses Alaska and B.C. LNG Export Competition
An article in The Globe and Mail discusses the competition between the proposed Alaska LNG export project and the several LNG export terminals proposed for construction in British...
Kitimat LNG Sponsors Sign Pipeline Capacity Agreements
Posted on Jun 4, 2014 in Canada & Mexico, LNG Exports, Pipelines | Comments Off on Kitimat LNG Sponsors Sign Pipeline Capacity Agreements
TransCanada Corporation announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has signed agreements with Kitimat LNG sponsors Chevron Canada Limited and Apache Canada Ltd. for 1.9 Bcf/day of firm natural gas transportation capacity on the proposed Merrick Mainline Pipeline Project (Merrick Mainline). The Merrick Mainline will transport gas from the NGTL...
B.C. LNG Terminal Sponsors to Coordinate Community Outreach Efforts
Posted on May 22, 2014 in Canada & Mexico, LNG Exports | Comments Off on B.C. LNG Terminal Sponsors to Coordinate Community Outreach Efforts
The Globe and Mail reports that the sponsors of four proposed LNG export terminals in British Columbia have formed the “B.C. LNG Developers Alliance” to address community relations, labor training, and other issues facing the development of their projects. According to the article, the four companies and their primary owners are: Pacific NorthWest LNG (Petronas); LNG Canada...