Op-Ed Examines Potential Effects of Kitimat LNG’s Demands on Provincial Power Utility
Posted on Oct 25, 2011 in Canada & Mexico, LNG Exports, State and Local Issues | Comments Off on Op-Ed Examines Potential Effects of Kitimat LNG’s Demands on Provincial Power Utility
An op-ed carried in the Vancouver Sun argues that if provincial power utility BC Hydro charges large projects proposed in the area, such as the planned Kitimat LNG liquefaction project, the standard industrial rate for electricity, the payments will cover less than half of the expected costs for developing the required new power supply projects. The piece argues that the British...
Encana President Welcomes Additional LNG Export Projects in North America
Posted on Oct 24, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Encana President Welcomes Additional LNG Export Projects in North America
Randy Eresman, president of Encana, said last week that his company would welcome as many LNG export facilities in North America as can be constructed. He also noted that there is “plenty of room” for other LNG export projects on North America’s West Coast. Encana is a partner in developing the Kitimat LNG export project in British Columbia. Read more in the Calgary...
Shell and Partners Buy British Columbia Site for LNG Export Project
Posted on Oct 21, 2011 in Canada & Mexico, LNG Exports | Comments Off on Shell and Partners Buy British Columbia Site for LNG Export Project
Project developers Royal Dutch Shell, Mitsubishi Corp., Korea Gas Corp., and Chinese National Petroleum Corp. have purchased an industrial site in Kitimat, British Columbia, for their planned LNG liquefaction and export facility. Read more in the Vancouver...
Minimal Opposition for Kitimat LNG Export Project
Posted on Oct 17, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Minimal Opposition for Kitimat LNG Export Project
Reviewing the permitting history for the Kitimat LNG export project, the Vancouver Sun reports that the project has faced little opposition during the course of its development. The piece also notes that development of the Kitimat LNG project is ahead of the other LNG export project proposed for the North American west coast, Jordan Cove...
Canada’s NEB Issues 20-Year LNG Export License to Kitimat LNG
Posted on Oct 14, 2011 in Canada & Mexico, LNG Exports | Comments Off on Canada’s NEB Issues 20-Year LNG Export License to Kitimat LNG
Yesterday Canada’s National Energy Board (NEB) issued a 20-year license to KM LNG Operating General Partnership to export up to 468 Bcf of LNG per year from the planned Kitimat LNG facility. The Globe and Mail offers additional...
Spectra CEO: United States and Canada LNG Export Projects Competing for Customers
Posted on Oct 13, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Spectra CEO: United States and Canada LNG Export Projects Competing for Customers
Speaking in Washington, D.C., earlier this week, Spectra Energy CEO Gregory Ebel said that developers of LNG export projects in Canada and the United States are competing for LNG buyers around the world. Platts Gas Daily [subscription required] also said that he hopes Canadian authorities will grant an LNG export license for the Kitimat LNG project...