In this issue

 

Despite challenging market conditions, global capital expenditure on floating import units is anticipated to surge, with more than 14 countries are expected to commission their first FRSU during 2016-2022.
Det Norske Veritas and Germanischer Lloyd (DNV GL), an international classification society, have given IHI the approval in principle for its design of a Floating LNG Power Station (FLPS). The…
Plans for several LNG-fuelled power plants in Chile have been shelved after none of the projects won contracts at the country’s latest electricity tender. A series of wind and solar…
Ivory Coast, Ghana and South Africa are tipped to become front-runners in setting up integrated LNG-to-power projects. Developers can arrange attractive import terms as a glut of new gas supply…
Cleaning up China’s power mix is becoming an increasingly tedious process as domestic shale gas production slows. Faced with a challenging geology and spiralling costs, the government cut 2020 targets…
With exports of pipeline gas to Mexico on the rise, and LNG exports from Louisiana ramping up, the United States is forecast to become a net exporter of natural gas…
Friday, 02 September 2016
The US Federal Energy Regulatory Commission (FERC) has prepared a final environmental impact statement (EIS) for the Golden Pass LNG Export Project proposed by Golden Pass Products, LLC and Golden…
Northwest Europe is evolving beyond being ‘a market of last resort’ for US LNG, as rising gas prices on the forward curve are propping up the economics and profit margins…
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…

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.