TransCanada Receives Permit for LNG Canada Feeder Pipeline
Posted on May 5, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Pipelines | Comments Off on TransCanada Receives Permit for LNG Canada Feeder Pipeline
TransCanada Corporation announced that it has received the last of the permits it needs from the British Columbia (B.C.) Oil and Gas Commission to build and operate the Coastal GasLink pipeline, a 670-kilometre pipeline that would bring gas from the Groundbirch area near Dawson Creek to the proposed LNG Canada liquefaction and export terminal near Kitimat, B.C. for export to Asian...
Article Casts Doubt on Viability of Proposed Western Canadian LNG Export Terminals
Posted on May 5, 2016 in Canada & Mexico, Liquefaction, LNG Exports | Comments Off on Article Casts Doubt on Viability of Proposed Western Canadian LNG Export Terminals
An article on CBCNews observes that no final investment decisions have been made for any of the several LNG export terminals proposed for the Canadian west coast. The author of the article asserts that the “collapse in global LNG prices is the main culprit for why so many Canadian LNG export projects are in limbo or no longer make economic sense.” Other factors cited for the lack of...
Venture Global LNG Closes Additional $55 Million Funding Deal
Posted on May 5, 2016 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Closes Additional $55 Million Funding Deal
Venture Global LNG, Inc. (Venture) announced the successful closing of its fourth round of equity investments to fund its proposed liquefaction and LNG export terminal on the Mississippi River in Plaquemines Parish, La. According to the press release, the “round also is notable for adding to the group of high profile, very large institutional investors in the company.” The fourth round...