Exxon Affiliate Files for National Energy Board (Canada) LNG Export License
Posted on Jun 20, 2013 in Canada & Mexico, LNG Exports | Comments Off on Exxon Affiliate Files for National Energy Board (Canada) LNG Export License
WCC LNG Ltd., a subsidiary of ExxonMobil Canada Ltd., and Imperial Oil Resources Limited have applied to Canada’s National Energy Board for a license to export up to 30 million tonnes of LNG (1,461 Bcf) per year over 25 years from a proposed LNG export terminal to be located in the vicinity of either Kitimat or Prince Rupert, British Columbia. The project could consist of up to...
British Columbia Government Working on Tax Model for LNG Terminals
Posted on Jun 20, 2013 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on British Columbia Government Working on Tax Model for LNG Terminals
The Wall Street Journal [subscription] reports that British Columbia Premier Christy Clark said in a recent interview that her government was in negotiations with the sponsor of a proposed LNG export terminal in British Columbia to establish a tax structure for the project that would serve as the model for other projects. According to the report, Clark stated that she hoped to reach an...
BG Group Files for NEB LNG Export License/Seeks Partners for LNG Project
Posted on Jun 19, 2013 in Canada & Mexico, Federal Regulation, LNG Exports | Comments Off on BG Group Files for NEB LNG Export License/Seeks Partners for LNG Project
The Financial Post reports that BG Group PLC (BG) has applied to Canada’s National Energy Board to export up to 21.6 million tonnes of LNG per year (2.9 Bcf/day) from its proposed LNG terminal on Ridley Island near Prince Rupert, British Columbia. According to the report, BG is seeking partners for the terminal project and is expecting to own less than 50% in the facility, which...
Petronas Planning to Spend $20 Billion on BC LNG Export Terminal
Posted on Jun 11, 2013 in Canada & Mexico, LNG Exports | Comments Off on Petronas Planning to Spend $20 Billion on BC LNG Export Terminal
Reuters reports that Petronas is planning to spend up to $20 billion on the proposed Pacific NorthWest LNG export terminal and interconnected pipeline in British Columbia, Canada. The terminal project, to be located near Prince Rupert, B.C., is expected to include two LNG trains of 6 million tons per year each by the end of 2018 or 2019. According to the article, Petronas is seeking...
Pieridae Energy Signs Agreement with E.ON to Supply LNG to Western Europe
Posted on Jun 3, 2013 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Pieridae Energy Signs Agreement with E.ON to Supply LNG to Western Europe
Pieridae Energy (Canada) Ltd. (Pieridae) announced today that it has entered into a 20-year sales agreement with E.ON Global Commodities SE, a subsidiary of E.ON SE, for the purchase of 5 million tons of LNG per year from Pieridae’s proposed Goldboro LNG project in Nova Scotia, Canada to several locations in Western Europe. Commercial operation for the Goldboro terminal is...
Golar LNG and Unnamed Asian Company Buy Into Douglas Channel LNG Project
Posted on May 31, 2013 in Canada & Mexico, Financing, LNG Exports | Comments Off on Golar LNG and Unnamed Asian Company Buy Into Douglas Channel LNG Project
The Calgary Herald reports that Golar LNG and an unnamed Asian company have bought a 25% share of the Douglas Channel LNG export project planned for the British Columbia coast. A Final Investment Decision for the project is expected in the third quarter of 2013. Read more in the Golar LNG first quarter 2013...