In this issue

 

Seeking to accommodate U.S. President Donald Trump’s demands for greater LNG sales to Europe, the European Commission President Jean-Claude Junker has said the EU would build more LNG import terminals.…
Free ReadThe Government of South Korea is planning to cut natural gas taxes by 74% and raise taxes on the use of thermal coal for power generation by 27% next year.…
US LNG export project investors and potential foreign importers of the fuel have been informed by the US government that non-Free Trade Agreement permits are valid for their whole 20-year…
The Federal Energy Regulatory Commission (FERC) has authorized the commissioning of Train 1 and the common area utilities at both the liquefaction and pre-treatment facilities. Freeport’s first three Trains are…
Monday, 03 September 2018
Free ReadPieridae Energy, the developer of the Goldboro LNG export project in the Canadian Atlantic Coast province of Nova Scotia, has posted widening second-quarter losses as it progresses with the venture…
Keen to accelerated the commissioning of Train-5 at Sabine Pass LNG, Cheniere Energy has filed a request with the Federal Energy Regulatory Commission (FERC) for permission to inject feed gas…
TransCanada, a major North American pipeline operator, has placed into service the Topolobampo Pipeline at a cost of $1.2 billion. Spanning over a distance of 348 miles (560km), the pipeline…
Free ReadCheniere Energy is working towards having Corpus Christi liquefaction Trains 1 and 2 substantially completed in the first half of 2019, and Train-2 in the second half of next year.…
The spread in natural gas prices between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown…
Nearly two-thirds of oil and gas sector leaders, surveyed by the Norwegian classification society DNV GL, have increased spending on gas projects in 2018; hence natural gas is expected to…
Free ReadImproved execution of oil & gas upstream projects is now being achieved thanks to greater corporate discipline, more pre-FID planning and reduced project scope. This allows project delivery to finally…
Despite harsh rhetoric, both China and the United States can still avoid a damaging trade war, industry participants hope. Strikingly, China has not included US agricultural products and LNG on…
Skepticism abounds if the LNG Canada projects will ever be built in British Columbia but Shell Canada’s President Michael Crothers is adamant that project partners want to start construction at…
U.S. gas companies have been persistently waiting for new Appalachia takeaway capacity – notably the Rover Phase-2 pipeline – to come online this year so the region can provide the…

News Nudges

Canada to export Alberta oil via BC

Canada has moved closer to unlocking a new Pacific Coast crude outlet from Alberta while fast-tracking British Columbia LNG projects with the aim of tripping LNG production and export beyond 2030. Prime Minister Mark Carney said a proposed pipeline capable of carrying about 1 million barrels per day could begin construction in September 2027, as Ottawa and Alberta lined up support for the project. The route would run through southern British Columbia to the Pacific coast, giving Canadian crude a shorter path to Asian buyers and reducing reliance on the United States, officials said. The new pipeline, with 1 million barrels per day throughput, could turn Canada into a global oil exporter — in addition to LNG. British Columbia already has several LNG projects at different stages, including LNG Canada in Kitimat, Woodfibre LNG near Squamish and expansions tied to Tilbury LNG and related pipeline infrastructure. Together, the Alberta-to-BC pipeline plan and LNG acceleration signal a broader federal strategy to scale up Canada’s energy exports without depending solely on U.S. demand. Canada used to sell almost its entire surplus oil and gas production to its large southern neighbour.