Mitsubishi Accelerating Analysis of Canadian LNG Export Projects
Posted on Feb 22, 2012 in Canada & Mexico, E&P, LNG Exports | Comments Off on Mitsubishi Accelerating Analysis of Canadian LNG Export Projects
Mitsubishi Corporation told Platts yesterday that it plans to accelerate its feasibility analysis of the proposed Canadian LNG export projects. This statement follows Mitsubishi’s investment in Encana Corporation’s Cutback Ridge gas play in northern British...
Mitsubishi to Invest in Shale Gas Play Supplying LNG Export Projects on Canada’s West Coast
Posted on Feb 20, 2012 in Canada & Mexico, E&P, Financing, LNG Exports | Comments Off on Mitsubishi to Invest in Shale Gas Play Supplying LNG Export Projects on Canada’s West Coast
Encana Corp. has announced that it will sell a 40% ownership stake in the Cutback Ridge shale gas play to Mitsubishi Corp. for $2.9 billion. According to the Vancouver Sun, an official with Mitsubishi said that one reason the company invested in these gas assets was to further its plans for LNG exports from western...
Hydropower for Planned LNG Export Projects Triggers Political Controversy in British Columbia
Posted on Feb 16, 2012 in Canada & Mexico, LNG Exports | Comments Off on Hydropower for Planned LNG Export Projects Triggers Political Controversy in British Columbia
The Vancouver Sun reports that the proposed Site C hydropower project along the Peace River in British Columbia is causing political controversy. British Columbia Premier Christy Clark has said that she hopes the Site C project will be developed to power the planned LNG export facilities in the region, including the project proposed by Shell. If opposition from environmentalists and...
Op-Ed Argues LNG Export Projects Could Strain British Columbia’s Water and Energy Resources
Posted on Feb 15, 2012 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Op-Ed Argues LNG Export Projects Could Strain British Columbia’s Water and Energy Resources
An op-ed authored by water policy analyst Ben Parfitt and carried in the Vancouver Sun argues that the LNG export projects proposed for Canada’s Pacific coast could strain British Columbia’s existing water and hydropower resources, limiting the net benefits of the LNG...
BG Considering LNG Liquefaction Project on Canada’s Pacific Coast
Posted on Feb 9, 2012 in Canada & Mexico, LNG Exports | Comments Off on BG Considering LNG Liquefaction Project on Canada’s Pacific Coast
CBC News reports that BG Group confirmed that it has entered into an agreement with the Prince Rupert Port Authority to explore developing an LNG liquefaction and export project on Canada’s Pacific coast. A spokesperson for the Port Authority noted that an LNG facility “fits very neatly into the development plan at Ridley...
As BC Premier Announces Natural Gas Strategy, Industry Analyst Predicts LNG Export Projects in Western Canada May Merge
Posted on Feb 7, 2012 in Canada & Mexico, LNG Exports | Comments Off on As BC Premier Announces Natural Gas Strategy, Industry Analyst Predicts LNG Export Projects in Western Canada May Merge
Late last week, British Columbia Premier Christy Clark announced her government’s natural gas strategy, including a focus on LNG. According to The Province, the strategy predicts that the three LNG export plants planned for Canada’s west coast could create 9,000 construction jobs and 800 long-term jobs, and generate more than $1 billion in annual revenue. Premier Clark...