B.C. and Woodfibre Sign Letter of Intent to Cooperate on LNG Export Terminal
Posted on May 8, 2014 in Canada & Mexico, LNG Exports | Comments Off on B.C. and Woodfibre Sign Letter of Intent to Cooperate on LNG Export Terminal
British Columbia (B.C.) Premier Christy Clark and Woodfibre Natural Gas Limited (Woodfibre) Lead Director Imelda Tanoto signed a Letter of Intent to work collaboratively to secure long-term investments by Woodfibre in a B.C. LNG terminal. Woodfibre has obtained a license to export gas from a proposed LNG terminal located on the Woodfibre site near Squamish, B.C. Like a similar...
B.C. and Petronas Sign Letter of Intent to Cooperate on LNG Export Terminal
Posted on May 6, 2014 in Canada & Mexico, LNG Exports | Comments Off on B.C. and Petronas Sign Letter of Intent to Cooperate on LNG Export Terminal
Yesterday, British Columbia (B.C.) Premier Christy Clark and Tan Sri Dato’ Shamsul Azhar Abbas, Group CEO and President of Malaysian state oil company Petroliam Nasional Berhad (Petronas), signed a Letter of Intent to work collaboratively to secure long-term investments by Petronas in an LNG terminal in B.C. Petronas is the majority owner of Pacific NorthWest LNG Ltd., which proposes...
Canadian National Energy Board Issues Gas Export Licenses to Aurora LNG and Oregon LNG Marketing
Posted on May 2, 2014 in Canada & Mexico, LNG Exports | Comments Off on Canadian National Energy Board Issues Gas Export Licenses to Aurora LNG and Oregon LNG Marketing
Yesterday, the Canadian National Energy Board issued Aurora Liquefied Natural Gas Ltd. (Aurora LNG) and Oregon LNG Marketing, LLC (Oregon LNG) 25-year licenses to export LNG. Aurora LNG was authorized to export an annual volume of 24 million tonnes (3.11 Bcf/day) of LNG from a proposed LNG terminal near Prince Rupert, British Columbia. Oregon LNG was authorized to export 473 Bcf/year...
Shell Canada Energy Formalizes Joint Venture for Proposed B.C. LNG Export Terminal
Posted on Apr 30, 2014 in Canada & Mexico, LNG Exports | Comments Off on Shell Canada Energy Formalizes Joint Venture for Proposed B.C. LNG Export Terminal
Shell Canada Energy (Shell), PetroChina Corporation, Korea Gas Corporation (KOGAS), and Mitsubishi Corporation announced today the signing of a joint venture agreement to form LNG Canada Development Inc. for the development of a proposed LNG export project, LNG Canada, to be located in Kitimat, British Columbia (B.C.). The joint venture agreement reflects the new joint venture...
Sinopec to Acquire 15% Share of Petronas’s Proposed B.C. LNG Export Terminal
Posted on Apr 29, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Sinopec to Acquire 15% Share of Petronas’s Proposed B.C. LNG Export Terminal
Malaysian national oil company, Petroliam Nasional Berhad (Petronas), announced today that it and its subsidiaries Progress Energy Canada Ltd. and Pacific NorthWest LNG Ltd. (PNW LNG) have signed agreements with China Petrochemical Corporation (Sinopec) where Sinopec, through its affiliates, will acquire a 15% interest in Progress Energy’s LNG-destined gas reserves in northeast British...
Imperial Oil Nowhere Near Decision on B.C. LNG Export Terminal
Posted on Apr 25, 2014 in Canada & Mexico, LNG Exports | Comments Off on Imperial Oil Nowhere Near Decision on B.C. LNG Export Terminal
Reuters reports that Imperial Oil CEO, Rich Kruger, recently indicated that his company is still in the groundwork stages of putting together a proposed LNG export terminal project in British Columbia (B.C.), and even though Imperial and ExxonMobil Canada’s joint venture, WCC LNG, has received an LNG export license, he could not say whether the project will proceed. The Canadian...