Post Tagged with: "LNG Canada"

LNG Canada Moves Forward: $937 Million in Contracts Approved

LNG Canada Moves Forward: $937 Million in Contracts Approved

LNG Canada has approved contracts totaling almost $1 billion (CAD) for the early construction phase of its  LNG export project near Kitimat, British Columbia.

LNG Canada approved over $937 million (CAD) in contracts and subcontracts with First Nations enterprises and

January 22, 2019 - 4:47 pm
Petronas Plans 40 Years of Steady Measured Development in B.C. Montney

Petronas Plans 40 Years of Steady Measured Development in B.C. Montney

From Alaska Highway News

After a hiatus of more than two years, Petronas Energy Canada Ltd. is back in the field in Northeast B.C. as it begins drilling to underpin its share of natural gas for the LNG Canada export …

December 13, 2018 - 6:00 am
LNG Canada Gets Another Buyer

LNG Canada Gets Another Buyer

From Reuters

LONDON (Reuters) – LNG Canada, the $30 billion liquefied natural gas (LNG) export project, has bagged another client after project shareholder Petronas signed an initial sales deal with trading house Vitol.

Royal Dutch Shell decided in October to …

November 29, 2018 - 12:41 pm
South Korea’s KOGAS to Import 700,000 Tonnes/Year from LNG Canada

South Korea’s KOGAS to Import 700,000 Tonnes/Year from LNG Canada

From Reuters Africa

SEOUL, Oct 12 (Reuters) – South Korea’s state-run Korea Gas Corp (KOGAS) will import 700,000 tonnes per year of liquefied natural gas (LNG) from the LNG Canada project, led by Royal Dutch Shell, from around 2024 over …

October 12, 2018 - 2:13 pm
BC’s Kitimat Residents Brace for Mega-Boom from LNG

BC’s Kitimat Residents Brace for Mega-Boom from LNG

From The Globe and Mail

It’s a new beginning for the residents of this northern B.C. community.

After LNG Canada said it would go forward with a $40-billion energy megaproject in Kitimat, more than 1,000 people gathered to celebrate the …

October 8, 2018 - 2:03 pm
LNG Canada Terminal Does Little for Short-Term Prices but Boosts Gas Producer Confidence

LNG Canada Terminal Does Little for Short-Term Prices but Boosts Gas Producer Confidence

From The Canadian Press

The approval of Canada’s first LNG export terminal is expected to boost investor confidence in Canada’s natural gas sector, industry observers say.

But LNG Canada’s ability to provide a new market for Western Canadian natural gas …

October 3, 2018 - 5:06 am
$40-Billion LNG Canada ‘Sprinting’ Toward Final Approval after Asian Partners Give Thumbs Up

$40-Billion LNG Canada ‘Sprinting’ Toward Final Approval after Asian Partners Give Thumbs Up

The board of PetroChina approved its US$3.46 billion share of the LNG Canada project, as did Korea Gas

FID could come next week

From Financial Post/Bloomberg

Two of Royal Dutch Shell Plc’s Asian partners in a liquefied natural gas venture …

September 28, 2018 - 2:41 pm
LNG Canada Marching toward Approval, Servicers Say

LNG Canada Marching toward Approval, Servicers Say

Petronas investment seen as ‘ flag in the ground’ – the surest sign project will be built

From Bloomberg

The prospects for a massive gas export plant on Canada’s Pacific Coast are looking bright, according to executives of service companies …

July 13, 2018 - 9:37 am
Crunch Time for Kitimat as Decision Nears on $40 Billion LNG Canada Play

Crunch Time for Kitimat as Decision Nears on $40 Billion LNG Canada Play

Real estate investors face peak prices

From Business Vancouver

Real estate investors have Kitimat back on the radar but the prices and the potential are both much higher now that during the last boom in the northeast centre for the …

June 29, 2018 - 8:16 am
Contract Let for Gas Pipeline Serving Proposed LNG Canada Export Project

Contract Let for Gas Pipeline Serving Proposed LNG Canada Export Project

Macro Enterprises Inc. (TSXV:MCR) (the “Company” or “Macro”) is pleased to announce that its Joint Venture with Spiecapag Canada Corp. (“Spiecapag”) has successfully negotiated and executed a construction contract with Coastal GasLink Pipeline Limited Partnership for pipeline construction services on …

June 19, 2018 - 12:17 pm
PETRONAS Back In: Buys 25% of LNG Canada

PETRONAS Back In: Buys 25% of LNG Canada

Malaysian energy company PETRONAS is apparently back as an active LNG player in Canada, with the announcement today that it is buying a 25% equity stake in LNG Canada. LNG Canada is a proposed natural gas export project that is …

May 31, 2018 - 4:32 pm
LNG Canada Says It’s Committed to 2018 Construction Kick-Off for B.C. LNG Export Project at Kitimat

LNG Canada Says It’s Committed to 2018 Construction Kick-Off for B.C. LNG Export Project at Kitimat

Pending a final investment decision this year

From  Reuters/CBC 

The chief executive of the LNG Canada project on British Columbia’s northern coast said on Tuesday that the company was committed to starting construction on the $40 billion liquefied natural gas …

May 18, 2018 - 10:45 am
Big B.C. Pension Plan Pumps Millions into U.S. LNG Project

Big B.C. Pension Plan Pumps Millions into U.S. LNG Project

From the VANCOUVER SUN

VICTORIA — While B.C. continues to wait — and wait — for the first big liquefied natural gas project, the province’s public sector pensions have quietly been investing millions in a rival LNG exporter based in …

March 21, 2018 - 3:23 pm