Press Release Provides Status of B.C. LNG Export Applications
Posted on Mar 10, 2014 in Canada & Mexico, LNG Exports | Comments Off on Press Release Provides Status of B.C. LNG Export Applications
A press release by the British Columbia (B.C.) Ministry of Natural Gas Development lists the projects and sponsors of the seven approved export licenses for LNG projects in B.C. and the four currently under review. The press release also estimates that if five LNG facilities move forward, the cumulative gross domestic product benefit to B.C. could total $1 trillion by 2046, and could...
DOE Authorizes Additional Export Volumes from Proposed Magnolia LNG Terminal
Posted on Mar 10, 2014 in Federal Regulation, LNG Exports | Comments Off on DOE Authorizes Additional Export Volumes from Proposed Magnolia LNG Terminal
The U.S. Department of Energy has authorized Magnolia LNG to export an additional 4 million tonnes/year of LNG from its proposed LNG terminal at Lake Charles, La. to nations with a Free Trade Agreement (FTA) with the United States requiring national treatment for trade in natural gas. The volume is in addition to the 4 million tonnes/year Magnolia is already authorized to export to FTA...
Indian Oil Corp. Acquires 10% Share of Pacific NorthWest LNG Terminal
Posted on Mar 7, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Indian Oil Corp. Acquires 10% Share of Pacific NorthWest LNG Terminal
Today, Progress Energy Canada Ltd. (Progress Energy) announced that it has entered into agreements with Pacific NorthWest LNG Ltd. (PNW LNG) and Petroliam Nasional Berhad (Petronas) whereby Indian Oil Corporation Ltd. (Indian Oil), through its affiliates, will acquire a 10% interest in Progress Energy’s LNG-destined natural gas reserves in northeast British Columbia (B.C.) and in...
Goldboro LNG Export Terminal Receives Environmental Approval
Posted on Mar 7, 2014 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Goldboro LNG Export Terminal Receives Environmental Approval
The Nova Scotia Environmental Assessment Review Panel issued a report recommending that the Nova Scotia Environment Minister approve, subject to the terms and conditions recommended by the panel, Pieridae Energy (Canada) Ltd.’s proposed Goldboro LNG export terminal in Guysborough County. The report states that “the panel believes that the risk that the project poses to the environment...
Canada Stewart Energy Group Files for National Energy Board LNG Export License
Posted on Mar 6, 2014 in Canada & Mexico, LNG Exports | Comments Off on Canada Stewart Energy Group Files for National Energy Board LNG Export License
Yesterday, Canada Stewart Energy Group (Stewart) filed an application with the Canadian National Energy Board to export 1475 Bcf/year of LNG over 25 years from a proposed land and floating liquefaction facility near Stewart, British Columbia. The Project will be capable of producing 4.04 Bcf/day of LNG and will be supplied by a proposed 800 km pipeline connecting Stewart’s Western...