LNG

Canada brief July 27: TransCanada to be reimbursed for cancelled Pacific NorthWest LNG pipeline

Also in this news brief: Ship slow down through BC’s Haro Strait hoped to be beneficial for endangered Southern Resident Killer Whale pod, TransCanada launches Keystone XL pipeline open season TransCanada Corporation was notified that Petronas affiliate Pacific NorthWest LNG would not be proceeding with their proposed LNG project near Port Edward, British Columbia. “As part of […]

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Petronas kills $27 billion Pacific Northwest LNG project, cites low prices, too many competitors

 Malaysia’s energy company says it remains committed to developing gas assets in Canada Petronas and its partners have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia, Canada, according to a press release. The decision was made after a careful and total review of the project amid changes

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Canadian natural gas market well supplied, US exports in decline – NEB

High levels of supply result in lower prices and less drilling Canadian natural gas producers keep the national market well supplied, but exports to traditional American markets are declining because of competition from cheap shale gas and liquefied natural gas (LNG) export plans are languishing due surplus supply and low prices, according to the National

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Canada a ‘late entrant’ to global LNG market, says new NEB report

Woodfibre LNG only Canadian project where company reached final investment decision to proceed Canada is a late entrant to the global liquefied natural gas (LNG) market and the next several years will be critical to the development of the Canadian industry, according to a new report released by the energy information and analysis unit of

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Alberta news brief July 18: Industry to blame for its pipeline problems – 7Gen founder Carlson

Also in this brief: Canada’s uncertain role in the global LNG market, TransAlta says Rona Ambrose will help it become Canada’s “leading clean power company” Pat Carlson, founder of innovative natural gas producer Seven Generations Energy, tells Bloomberg that the Canadian industry should stop blaming “environmentalists, First Nation communities or the government for its failure to get LNG export

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5 reasons US could be world’s top LNG exporter sooner rather than later

Challenge is how to get LNG out of US and into global markets By Seth Whitehead, EnergyInDepth Last month, EID highlighted how the U.S. has become a major liquefied natural gas (LNG) exporter virtually overnight. The trend has certainly continued. In the 17 short months since the first shipment of U.S. LNG departed Cheniere Energy’s Sabine Pass

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US will dominate global LNG markets, natural gas production by 2035 – BP

Report projects US will lead global growth in LNG with an increase of 19 Bcf/d by 2035 By Nicole Jacobs, EnergyInDepth BP released its latest Energy Outlook this week, reaffirming its earlier forecast that the U.S. will be energy self-sufficient by 2023 while continuing to lead the world in natural gas production. From the report:

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British Columbia LNG falling further and further behind USA in race to Asia

Economist Michal C. Moore says Canada must overcome huge internal challenges before competing against American LNG in China American President Donald Trump recently completed a charm tour of China that included the Chinese signing long-term liquified natural gas contracts, a prerequisite for industry expansion. Meanwhile, British Columbia twiddles its thumbs waiting for LNG plant investment decisions.

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