A second floating liquified natural gas terminal may be planned for Kitimat, Northwest Coast Energy News has learned. According to multiple sources in Kitimat, Altagas, the parent company of Pacific Northern Gas plans the terminal at the old log sort site on Douglas Channel, where the barge carrying the liquifaction equipment would likely be moored […]
Tag: AltaGas
AltaGas signs distribution deal with BC Hydro
November 2, 2011
Energy Just two days after its friendly take over of Pacific Northern Gas, AltaGas has signed a electricity purchase agreement with BC Hydro. The deal covers the McLymont Creek and Volcano Creek run-of-river hydroelectric projects. Both are in the traditional territory of the Tahltan First Nation. Along with a third project, know as Forest Kerr, […]
AltaGas takes over Pacific Northern Gas
October 31, 2011
Energy Pacific Northern Gas, the main supplier of natural gas to much of northern British Columbia, has agreed to be taken over by the much bigger Calgary-based AltaGas Ltd. in a deal worth $230 million or $36.75 a share. The deal gives AltaGas a stake in the natural gas export race, since Pacific Northern's pipelines […]