Exports of liquefied natural gas from the LNG Canada plant were more than one million metric tons in April, Reuters reports, based on data from the monitoring firm LSEG data. All the LNG went to Asia, with about half going to South Korea. One cargo went to China when on April 24, the tanker Qingcheng […]
In 2011, J. P. Morgan Chase, Jeffery Epstein’s bank, tipped him and others about future LNG development in Kitimat, US Justice Dept files reveal. The Justice Department’s wide ranging release of files on convicted sex predator Jeffrey Epstein has yielded a surprising footnote, the first hints of liquefied natural gas development in Kitimat. Epstein was […]
Britain's Financial Times today chose two Kitimat related companies to highlight how western business is turning more and more to China. Shell turns to Asian suppliers in US shale race (Registration/subscription required) Royal Dutch Shell has said it will deploy more Chinese equipment at its struggling US shale business – becoming the latest natural resources company […]
The Wall Street Journal is quoting sources that Sinopec, China's largest petroleum refining company, "is in early talks with U.S.-based oil-and-gas producer Apache to buy a minority stake in a liquefied natural gas project on Canada's Pacific coast." And since Apache is a partner with Chevron in KM LNG, that means the project commonly known […]
Skeena Bulkley Valley MP and NDP House leader says the Harper government's approval of the takeover by CNOOC, the China National Offshore Oil Corporation of the Alberta-based energy company, Nexen Inc. makes “absolutely no sense.” Cullen also told northwest reporters in an end-of-year news conference that if the Conservatives continue their present policies, “Beijing will be […]
PetroChina went on a multi-billion dollar natural gas buying spree Thursday, Dec. 13, 2012, picking up shares in operations in both Canada and Australia. In Canada, Encana, one of the partners in the Kitimat LNG project, signed a joint venture arrangement with Phoenix Duvernay Gas, a wholly owned subsidiary of PetroChina, to explore and develop Encana's extensive […]
http://storify.com/nwcstenergynews/km-lng-looks-to-sell-equity-as-iea-says-china-reli
Mitt Romney, the Republican candidate for president of the United States today issued his “white paper” on energy policy. It calls for an integrated energy market with Canada, the United States and Mexico. Romney also endorses Prime Minister Stephen Harper's environmental fast track “one project one review” policy. The PDF version of The Romney Plan […]
An anonymous group opposing the Enbridge Northern Gateway pipeline is calling for a demonstration at the site of an oil and gas export conference in Vancouver on May 30 and 31 and asking participants to wear the red square that has become symbolic of the Quebec student protests first against tuition fee hikes and later […]
It looks like the Chinese curse (and journalist's blessing) “May you live in interesting times,” has come to Kitimat, especially when it comes to selling LNG to Asia. In the past months the world liquified natural gas market has become more volatile with increased competition across the globe and, in some cases, political factors adding […]