Energy media organizations, mostly based in Houston, Texas, report that LNG Canada is working to increase production as the war with Iran strangles international energy shipping. The information is based on figures from the financial analysts including LSEG which provides of financial markets infrastructure and delivers financial data, analytics, news and index products to 44,000+ […]
Tag: Liquefied natural gas
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 LNG Canada flare spiked at 260 million standard cubic feet per day or about 7,362,380 cubic metres per day during production problems with Train 2 during October, satellite data obtained by Northwest Coast Energy News can reveal. That is much higher than the expected 11,000 cubic metres per day for normal plant operations and […]
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 […]
Revival of Northwest Coast Energy News
With today's announcement of a Memorandum of Understanding between the Canadian federal government and the government of Alberta, dicussions which excluded British Columbia and projects a new bitumen pipeline across northwest British Columbia, I am reviving Northwest Coast Energy News on a limited basis. I do not intend to do daily coverage as I did […]
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 […]
Haisla Nation Chief Counsellor spoke at Mt. Elizabeth Theatre on June 9, 2015, introducing David Suzuki who was on a speaking tour. This is a lightly edited report on his remarks that outline some of the dilemmas facing the Haisla and the Kitimat valley in an age that needs development but faces climate change. Good […]
In a news release this afternoon, Pacific Northwest LNG announced that the company has given a positive, but conditional, Final Investment Decision, to build an LNG facility on the environmentally sensitive Lelu Island at Port Edward. BC. Pacific NorthWest LNG (PNW LNG) announced today that the required technical and commercial components of the project have […]