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LNG Canada Project Announced

Shell Canada Limited and its partners Korea Gas Corporation (KOGAS), Mitsubishi Corporation, and PetroChina Company Limited announced on Tuesday that they are jointly developing a proposed LNG export facility near Kitimat, British Columbia. Shell has a 40-percent working interest in the LNG Canada project, with KOGAS, Mitsubishi and PetroChina each holding 20-percent. The proposed LNG...

B.C. Premier Hopes to Sell LNG to Asian Gas Buyers

Premier Christy Clark of British Columbia will leave later this week for an eight-day trip to Japan, South Korea, and the Philippines. The Vancouver Sun reports that Premier Clark will focus on developing Asian LNG markets for her province’s natural gas. Premier Clark noted that although British Columbia represents an attractive LNG supply to Asian buyers, the global LNG market is...

Manzanillo LNG Terminal Receives First Commissioning Cargo

Platts LNG Daily [subscription required] reports that Mexico’s Manzanillo LNG terminal received its first commissioning cargo on March 20, 2012. A second commissioning cargo is expected to be delivered to the terminal later this...

Indonesian Official Expects Agreement Soon on Diversion of LNG Cargos Originally Planned for Costa Azul LNG Terminal

An official with BPMigas, Indonesia’s LNG upstream regulator, said that he expects his agency will sign an agreement this month or next that will allow BP to divert up to 90% of LNG cargos originally destined for Sempra’s Energia Costa Azul LNG import facility in Mexico. According to Platts LNG Daily [subscription required], the agreement will include a commitment that...

Japanese Government Seeking Support from Federal Authorities in Canada, United States for LNG Trade

Platts LNG Daily reports that officials with the Japanese government hope to secure support from Canada and the United States for the export of LNG from North America to Japan. The article notes that Japan hopes to receive a waiver from the U.S. Department of Energy allowing LNG exports to Japan. [Subscription...

Final Investment Decision on Kitimat LNG Expected Q3 2012

A final investment decision to construct the Kitimat LNG project is expected in the third quarter of 2012, according to a report in today’s Platts LNG Daily [subscription required]. A company official stated that the facility’s target production date is...

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