The US aluminum company, Alcoa, announced officially on Monday March 16, that it will demolish its smelter at Ferndale, Washington. Calgary based AltaGas has acquired the rights to develop the site possibly for a green hydrogen plant. AltaGas is the parent company of Pacific Northern Gas, which supplies natural gas to Kitimat, through its consumer […]
Tag: Business
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 […]
The energy media, including Reuters and Upstream Online are reporting that both Shell and Mitsubishi are looking to possibly sell off significant portions of their stake in LNG Canada. Petronas, another of the partners in LNG Canada, has already sold off 20 per cent of its stake in the project to a liquified natural gas […]
Analysis (Long Read) A crowd gathers at the Kitimat CN Station sometime in 1955. This picture may be of the station opening since the windows and trim are unpainted. (Walter Turkenburg/Kitimat Museum & Archives. ) See Note 1. UPDATE: There will be a public meeting to discuss the future of the station in Kitimat on […]
Kitimat welcomes new BC NDP government LNG policy
UPDATED with District of Kitimat news release The District of Kitimat is very pleased with the decision that the BC government issued today removing some of the barriers associated with the establishment of an LNG industry in BC. This will promote access for natural gas from BC to be exported as LNG to international markets. […]
Northern Gateway pipelines says the company will not appeal the Federal Court of Appeal decision that blocked the approval certificate by the Joint Review Panel and the National Energy Board because there had been insufficient consultation with First Nations. UPDATE Vancouver Sun reports Federal government will also not appeal decision OTTAWA — The federal […]
The September issue of National Geographic includes a large map of British Columbia it calls "Claiming British Columbia." The map has three themes: First Nations' traditional territory, the routes of proposed pipeline projects, both LNG and diluted bitumen, and it features a sub map that looks at what the map calls the "Troubled Salmon" fishery. […]
Analysis Monday's decision by LNG Canada to postpone the all-important Final Investment Decision for the Kitimat liguified natural gas project came as a momentary shock—but no real surprise. After the Brexit vote, you could see the hold button blinking from across the Atlantic. Andy Calitz CEO of LNG Canada and a long time, experienced, executive […]
LNG Canada postpones Final Investment Decision
LNG Canada has postponed the Final Investment Decision on the Kitimat project citing the "impact of global industry challenges." The latest estimates said that the project would cost $40 billion. The news release says that despite strong community support and regulatory approval, what LNG Canada called "the context of global industry challenges, including capital constraints" […]
LNG Canada Kitimat project receives BC facility permit
The Shell-led LNG Canada project in Kitimat has received a facility permit from the B.C. Oil and Gas Commission (OGC), the company said Tuesday. A news release from LNG Canada says the permit is one of the key permits required for the construction and operation of the proposed LNG Canada project. LNG Canada is the […]