Article Sheds Light on Golar/EXMAR Canadian LNG Barge Dispute
Posted on Sep 5, 2013 in Canada & Mexico | Comments Off on Article Sheds Light on Golar/EXMAR Canadian LNG Barge Dispute
An article in Upstream sheds light on the apparent dispute between Golar LNG and EXMAR regarding EXMAR’s signing of a letter of intent (LOI) to provide a floating liquefaction and storage unit (FLSU) for the BC LNG project in British Columbia. According to the article, a “final investment decision on BC LNG, previously known as Douglas Channel, is set to be taken by the end of this...
Report on Status of Canaport LNG Import Terminal
Posted on Sep 5, 2013 in Canada & Mexico, Markets and Competition, Uncategorized | Comments Off on Report on Status of Canaport LNG Import Terminal
The Globe and Mail provides a report on the status of the Canaport LNG import terminal in Saint John, New Brunswick, Canada. The report observes that due to U.S. shale gas production, Canaport “now operates at a small fraction of its name-plated 1.2-billion-cubic-feet-a-day capacity, with only the occasional ship docking at the...
BC Climate Provides Significant Cost Savings for Proposed LNG Export Terminals
Posted on Aug 27, 2013 in Canada & Mexico, LNG Exports | Comments Off on BC Climate Provides Significant Cost Savings for Proposed LNG Export Terminals
A column in The Vancouver Sun, in response to a recent report on the economic disadvantages faced by proposed British Columbia LNG export terminals, cites sources claiming that the cooler climate in BC would provide enough cost savings from the manufacture of LNG to offset the costs of constructing needed pipeline infrastructure to BC LNG export terminals. As result, BC LNG supplies...
BC LNG Tax Issue Must be Resolved Before Shell Will Commit to LNG Project
Posted on Aug 13, 2013 in Canada & Mexico, LNG Exports | Comments Off on BC LNG Tax Issue Must be Resolved Before Shell Will Commit to LNG Project
UPI reports that Royal Dutch Shell (Shell), participant in the LNG Canada Development (LNG Canada) joint venture, is waiting for the British Columbia government to resolve its proposed LNG tax issue before Shell makes a final investment decision on whether to proceed with the proposed LNG Canada export terminal in Kitimat,...
Chevron FID on Kitimat LNG Expected in 2014
Posted on Aug 2, 2013 in Canada & Mexico, LNG Exports | Comments Off on Chevron FID on Kitimat LNG Expected in 2014
Dow Jones Business News reports that a final investment decision (FID) by Chevron Corp. on the Kitimat LNG project in British Columbia will not come until 2014. The article states that while Chevron has been negotiating with unnamed Asian companies, unless equity partners can be found for 60% of the project’s export capacity, the project will not be...
Article Examines Canadian LNG Export Market Economics
Posted on Jul 29, 2013 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Article Examines Canadian LNG Export Market Economics
An article in the Oil & Gas Financial Journal examines the market for Canadian LNG exports and concludes that successful development of Canadian gas reserves and a profitable LNG export market will require significant effort and “commercial...