Petronas Considering Selling Stake in Proposed B.C. LNG Terminal
Posted on Sep 30, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Petronas Considering Selling Stake in Proposed B.C. LNG Terminal
Reuters reports that three unnamed sources “familiar with the matter” have revealed that Petronas is considering selling its majority stake in the proposed $27 billion Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia due to financial constraints and low global LNG prices. The Canadian government approved the project with 190 conditions earlier this week....
Canadian Government Conditionally Approves Petronas’s Pacific NorthWest LNG Terminal
Posted on Sep 28, 2016 in Canada & Mexico, Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Canadian Government Conditionally Approves Petronas’s Pacific NorthWest LNG Terminal
CBC News reports that the Canadian federal government has approved Petronas’s proposed Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia with 190 legally binding conditions. According to the report, majority sponsor Malaysian state oil company Petronas “initially said it would proceed with the project if the federal government gave its approval, but now the...
Environmental Assessment for Petronas Project Due Next Monday
Posted on Sep 26, 2016 in Canada & Mexico, Environmental, Liquefaction, LNG Exports | Comments Off on Environmental Assessment for Petronas Project Due Next Monday
CBC News reports that the Canadian Environmental Assessment Agency’s final environmental report on Petronas’s proposed Pacific NorthWest LNG (PNWLNG) export terminal near Prince Rupert, British Columbia is due to be released October 3. According to its website, PNWLNG announced a positive Final Investment Decision in June 2015, subject to two conditions, the first of which was...
Bear Head LNG Feeder Pipeline Approved
Posted on Aug 3, 2016 in Canada & Mexico, Liquefaction, LNG Exports, State and Local Issues | Comments Off on Bear Head LNG Feeder Pipeline Approved
The Nova Scotia Utility and Review Board has approved construction of the proposed Bear Paw Pipeline, a 62.5-km pipeline, which would interconnect with the Maritimes and Northeast Pipeline (MN&P) mainline and other gas supply sources near Goldboro, Nova Scotia, and the proposed Bear Head LNG export facility in Point Tupper, Richmond County, Nova Scotia. Bear Paw’s interconnection...
Shell Delays FID for Lake Charles LNG Export Terminal
Posted on Jul 28, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Shell Delays FID for Lake Charles LNG Export Terminal
Reuters reports that Shell has indefinitely delayed a final investment decision (FID) for its affiliate BG Group’s proposed Lake Charles LNG export terminal at Lake Charles, La. In February, Shell Canada, primary sponsor of LNG Canada, indefinitely postponed an FID on its proposed LNG export terminal at Kitimat, British Columbia. ...
LNG Canada Delays FID for Proposed Kitimat B.C. Export Terminal
Posted on Jul 12, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on LNG Canada Delays FID for Proposed Kitimat B.C. Export Terminal
CBC News reports that LNG Canada has indefinitely delayed making a final investment decision (FID) on its proposed liquefaction and LNG export terminal near Kitimat, British Columbia (B.C.) due to global energy market conditions. According to the report, LNG Canada CEO Andy Calitz recently told a conference that “the drop in natural gas prices around the world, particularly in Asia,...