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 […]
Tag: Liquified Natural Gas
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 […]
The headline on Thursday’s CBC.ca coverage of the sudden controversy over a boycott in British Columbia of Tim Horton's over the Enbridge ads sums up everything that's wrong about media coverage not only of the boycotts, but of northwest energy and environment issues overall. “Tim Hortons yanks Enbridge ads, sparks Alberta backlash.” The anger at […]
The United States Coast Guard says it is monitoring repairs aboard the liquid natural gas carrier Excel in Homer, Alaska, Friday, May 1. According to a news release from Coast Guard Sector Anchorage, USCG issued an order for the vessel to remain anchored in Kachemak Bay near Homer after the 908-foot, Belgium-flagged vessel experienced a loss of […]
Numerous media sources are saying that Royal Dutch Shell is in talks to acquire the BG Group. Shell is developing the LNG Canada project in Kitimat, while BG had been developing an LNG proposal for Prince Rupert. BG announced last fall it was delaying further development of the Prince Rupert project due to uncertainty in […]
Courts, costs stall Northern Gateway
Updated Feb. 26, 2015 Court challenges and rising costs will stall the Northern Gateway project for most of 2015, Enbridge says in its Fourth Quarter (2014) Strategic Update, released Friday. That means if the Northern Gatway project actually goes ahead, the company now says it will not be completed until at least 2020 or 2021. […]
Apache sells Kitimat LNG stake to Australia's Woodside Petroleum
Apache Corporation today announced it has agreed to sell its interest in two LNG projects, Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Australila's Woodside Petroleum Limited for a purchase price of $2.75 billion. The news release says: Apache will also be reimbursed for its net expenditure in the […]