Kitimat LNG is in a “horse race” with an LNG project in Western Australia--and at this point, according to the Australian media--Kitimat is winning, even though the Australian Gorgon project is much further ahead while the Kitimat LNG project at Bish Cove hasn't really started. The Australian reports come from the same conference call Chevron […]
Tag: George Kirkland
The Dow Jones wire is reporting that Chevron has postponed a final investment decision on the Kitimat LNG project until 2014, "putting a deadline on a project that has already seen delays." Competitors are trying to sell natural gas to Asian customers using the cheaper Henry Hub North American market benchmark rather than higher Japanese […]