Despite Market Challenges, Canaport LNG Maintains Utilization Rate Above Industry Average
Posted on Jan 6, 2012 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Despite Market Challenges, Canaport LNG Maintains Utilization Rate Above Industry Average
CBC News reports that, although utilization rates are as low as 5% at other North American LNG import facilities, Canaport LNG is operating at approximately 30% of its capacity. An industry analyst noted that the facility’s utilization rate has been buoyed by a monthly LNG cargo delivery from...
Haisla Nation Praises LNG Partners for Efforts to Develop Liquefaction Project on Canada’s West Coast
Posted on Dec 13, 2011 in Canada & Mexico, LNG Exports | Comments Off on Haisla Nation Praises LNG Partners for Efforts to Develop Liquefaction Project on Canada’s West Coast
Elliot Ross, chief councilor for the Haisla National Council, told the Vancouver Sun that he was pleased that LNG Partners LLC asked the first nation to become a partner in the B.C. LNG Export Co-operative liquefaction project. Ross noted that Houston-based LNG Partners is the first U.S. company to partner with the first nation to develop an industrial project on Haisla...
Apache Expects Contracts for Kitimat LNG Will Be Finalized in Q1 2012
Posted on Nov 22, 2011 in Canada & Mexico, LNG Exports | Comments Off on Apache Expects Contracts for Kitimat LNG Will Be Finalized in Q1 2012
A representative for Apache told an industry conference in Rome that he expects LNG sale and purchase agreements and front end engineering and design contracts for the Kitimat LNG export project to be finalized in the first quarter of 2012. Read more in Platts LNG Daily [subscription...
Asian Gas Consumers Interested in Western Canada’s LNG Projects
Posted on Nov 21, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Asian Gas Consumers Interested in Western Canada’s LNG Projects
Pat Bell, Jobs Minister for the Province of British Columbia, returned from a recent visit to China impressed with the level of interest expressed by potential Chinese purchasers in the LNG export projects planned for Western Canada. He told CFTK TV that he heard expressions of interest from Sinopec, PetroChina, and Shell’s Chinese subsidiary. Separately, an official for Encana...
British Columbia Chamber of Commerce Poll Finds Majority of Business Community Support LNG Project Development in the Province
Posted on Nov 18, 2011 in Canada & Mexico, LNG Exports, State and Local Issues | Comments Off on British Columbia Chamber of Commerce Poll Finds Majority of Business Community Support LNG Project Development in the Province
The Vancouver Sun reports that 57% of the British Columbia business community would like to see the province become a global leader in the LNG sector, according to a poll conducted for the British Columbia Chamber of Commerce. Discussing the results of the survey, John Winter, president of the group, said that additional efforts to educate the business community about the advantages of...
Spectra Says Shell Consortium Planning 1.8 Bcf/d LNG Export Project in British Columbia
Posted on Nov 16, 2011 in Canada & Mexico, LNG Exports | Comments Off on Spectra Says Shell Consortium Planning 1.8 Bcf/d LNG Export Project in British Columbia
Noting his company’s involvement in the development of LNG projects in Western Canada, a spokesperson for Spectra Energy told the Globe and Mail that Shell and its partners, Korea Gas Corp., China National Petroleum Co., and Mitsubishi Corp., are planning an LNG export project in British Columbia with liquefaction capacity of 1.8...