In this issue

 

Over $5.3 billion have been spent to widen the Panama Canal – a strategic shortcut for sea voyages between the Atlantic and Pacific oceans. Exporters of US shale gas now…
A 3-month clock has started ticking for Canada’s prime minster Justin Trudeau to make a decision on the Petronas-led Pacific NorthWest LNG project on Lelu Island, BC. The count-down started…
Wednesday, 06 July 2016
Eying to export LNG from the US Gulf Coast, Houston-headquartered Eos Investment Group has started the permitting process in Chile for a Floating Storage and Regasification Unit (FSRU) to be…
Commissioning of the newest European import terminal at the French Channel port of Dunkirk is set to start in the first week of July with the first cargo to be…
Norwegian LNG transport firm Golar has launched a proposal to the Brazilian government, featuring a regasification terminal in the state of Para in the lower Amazon basin. If build, the…
AG&P is looking to partner with private developers in building small-scale LNG facilities that can deliver 5 to 20 MW of decentralised power. Commenting on average investment needs, AG&P President…
China National Petroleum Corporation (CNPC) and Russia’s Gazprom have agreed to form a joint venture for gas-fired power generation and underground gas storage in China. The MoU was signed on…
Japan's Jera Co, a joint venture of Tepco and Chubu Electric, has started to sell excess contracted LNG to EDF Trading under a deal sealed in late May to divest…
Dominion has filed a report to FERC on the progress of construction work at its 5.25 mtpa Cove Point LNG terminal in Maryland, stating the regas project was now 38%…
Overstating its optimism, Gazprom has suggested China’s gas demand will exceed 260 Bcm in 2016 and edge close to 300 Bcm/year by 2020. Actual figures show a cautious recovery, with…
An oversupply in global gas markets is here to stay until the end of the decade, as the LNG glut is unlikely to be soaked up by utility buyers. IEA…
Nova Scotia-based Goldboro LNG and Woodfibre LNG in Squamish, BC, are seeking to take a financial investment decision by the end of this year. Woodfibre’s prospects just got boosted by…
While the US is aggressively ramping up its liquefaction and export capacity, Canada is still facing difficulties of getting its huge land-locked gas bounty in Alberta to the market. “Our…
Four commissioning cargoes from Sabine Pass have been shipped to customers in Brazil, India and the United Arab Emirates. The US Department of Energy has published data on liquefied natural…

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.