National Post editorial board: Ottawa isn’t the oil sands’ enemy, Edmonton is

National Post

Editorial

National Post editorial board: Ottawa isn’t the oil sands’ enemy, Edmonton is

There’s an old adage in Alberta politics that when all else fails, bash Ottawa. Well, Alberta’s Tory government must feel itself at risk of failure, because it has begun making far-fetched claims about how its federal cousins ­­– Stephen Harper’s new Tory majority — have suddenly turned into anti-oil sands hypocrites bent on hobbling the project’s development with new environmental regulations just to win favour with central Canadian voters.

Time for Alaska, Big Oil to lay gas line cards on the table : Anchorage Daily News

Anchorage Daily News

Column by Paul Jenkins

Time for Alaska, Big Oil to lay gas line cards on the table

It is time for TransCanada, Exxon and the state to lay their cards on the table; time to tell Alaskans whether their natural gas pipeline project is deader than Donald Trump’s presidential campaign.

To almost nobody’s surprise, BP and Conoco Phillips yanked the plug on their Denali gas line project, an effort to build a $35 billion, large-diameter natural gas pipeline from Alaska’s North Slope to points south. Who could blame them? The companies said that after more than three years and $165 million they could not drum up enough binding “ship-or-pay” agreements to secure financing.

LNG exports on the cards from Canadian shale gas: Reports

378-cordovamap.jpg(Map by Mitsubishi)

LNG Unlimited

LNG exports on the cards from Canadian shale gas

A consortium of five Japanese energy outfits are set to consider LNG exports from a planned shale gas project in northeastern British Columbia, Canada.

Japan Oil, Gas and Metals National Corporation, Chubu Electric Power, Tokyo Gas and Osaka Gas will collaborate with Mitsubishi on the Cordova Embayment Project, which will mark the first shale gas project executed by Japanese utilities and gas companies…

Half of the production will be for the Canadian market.

Natural Gas for America

 Japanese Utilities Joins Cordova Shale Project

A group of Japanese utilities will join Mitsubishi Corp. in a shale gas project led by Penn West Exploration.

Tokyo Gas Co., Osaka Gas Co., Chubu Electric Power Co. and Japan Oil, Gas and Metals National Corp. have each agreed to take a 7.5% stake in Cordoba Gas Resources, a subsidiary of Mitsubishi.

Through the formation of the consortium, all the companies expect to obtain beneficial knowledge about shale gas developments. The consortium plans to discuss studying the possibility of exporting the shale gas to Japan as LNG which will contribute to diversify energy import and to secure stable energy supply to Japan, Mitsubishi Corp. said in a statement.

Mitsubishi news release

Editor’s note:
Mitsubishi’s interest in the Cordova project was under negotiation last year, long before the earthquake which knocked out much of Japan’s energy generating capacity, especially the hard hit Fukishima nuclear reactor complex. Now, with Japanese companies and the government looking to replace nuclear with natural gas, this is likely the first of a number of deals that will be announced in the coming months. That natural gas has to get to Japan somehow, and that likely means more announcements regarding the port of Kitimat.

Shale Gas, LNG & the Coming Impact of Wet Shale: Energy Tribune

Energy Tribune

Shale Gas, LNG & the Coming Impact of Wet Shale

The first hint that the paradigm was not shifting so much as shattering was in 2009 when the planned Kitimat terminal in British Columbia was reborn as an export terminal. The gas would come from western Canada’s Horn River and Montney shales. Pre-2009, the theory was that gas imported to Kitimat would compete for Asian markets with gas from Australia and Peru. Post 2014, when the terminal will be completed, BC gas will compete in Asian markets against Australian, Peruvian and many more LNG exporters who had seen one leg of the three-legged world gas stool of North America, Europe and Asian markets sawn off.

This year we are seeing talk of LNG exports from another terminal near
Kitimat and possibly even from Oregon. But the big game changer occurred
in May 2010 when Cheniere Energy, operator of the Sabine Pass LNG
terminal on the Gulf of Mexico announced plans to export US gas from
2014 – a plan quickly added to by other operators in Cameron LA and
Galveston.