In this issue

 

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…
Philippine’s major power and gas utility, First Gen, is in talks with LNG suppliers as it seeks to secure a long-term import contract over 0.5-1 mtpa to help fuel new…
Hawaiian Electric Company (HECO) has filed for regulatory approval for a 20-year LNG import contract with Fortis that would help supply gas to power plants on O’ahu, Hawai’i Island and…
Segolene Royale, the French minister of the Environment, Energy and Marine Affairs, has told parliament she will examine ways to ban LNG imports sourced from shale gas. Three of France’s…
Advancing a competing project, the former Cheniere CEO Charif Souki has filed an initial plan with regulators for Driftwood LNG on the US Gulf Coast to produce 26 mtpa. Souki…
Shares in Cheniere Energy surged over 6% on the day when the first US LNG exporter named a new CEO, ending a quarrel at the top of the firm. The…
Florida-based Eagle LNG has announced it started the construction of its Florida liquefaction plant in the port city of Jacksonville to supply the marine fuels market and other sectors from…
Dredging works are progressing at Freeport LNG to accommodate a second ship dock. Works began in early February 2016 and once completed in 2018, the Freeport facility will be able…
The US Federal Energy Regulatory Commission (FERC) has given the green light to Cameron LNG to build two additional liquefaction Trains and five in total for almost 25 mtpa in…
Within hours of the opening of the first booking period, the Panama Canal Authority (ACP) has filled all 25 available slots. First commercial transit through the expanded Canal is due…
The first cargo of US LNG to head for Europe is expected to land in Portugal. Galp Energy purchased the cargo shipped from Cheniere’s Sabine Pass terminal which is expected…

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.