In this issue

 

Jamaica’s leading energy company, JPS, has now several critical elements in place to proceed with a 190 MW power project in Old Harbour Bay, St Catherine. JPS chief executive Kelly…
Painting a bleak picture for US LNG exports over the next 5 years, Wood Mackenzie’s sensitivity analysis suggests that rising domestic gas prices in the US, gas vs coal competition…
A Canadian LNG export project, controlled by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company, has taken the lead as the first venture in British Columbia is…
AES’ integrated LNG-to-power project at the entrance of the Panama Canal is set to come onstream in 2018. The French multinational Engie just signed a 10-year LNG supply accord with…
“Keep your eyes on the stars, and your feet on the ground,” said Teddy Roosevelt and US shale gas driller would be well advised to do just that. Headline-grabbing figures…
Recipient of ‘Asia Vision’ - the landmark first shipment form Cheniere’s Sabine Pass Terminal - will be Petrobras of Brazil, rather than buyer in far-flung Asian markets. Netback calculations have…
Ottawa and Calgary seem not in sync these days. Pending changes to Canada’s federal environmental approval process risk to delay the beleaguered Pacific NorthWest LNG export terminal, off Lelu Island.…
‘Hope dies last’, they say, and the International Energy Agency’s Fatih Birol has helped the LNG industry in British Columbia to keep up just that. “I am sure and our…
Another blow has been dealt to British Columbia’s LNG ambitions by AltaGas’ decision to halt works for its 0.55 mtpa liquefaction project on the Douglas Channel.
Short-cycle and flexible nature of US shale gas operations has made its economics more competitive than many conventional assets. In the face of depressed oil and gas prices, wildcat drillers…
US LNG exports, pushed back to early March, will come more dearly for European buyers than purchasing the gas on the spot market, Gazprom claimed, insisting that import volumes to…
Keen to maintain market share in oversupplied LNG markets with record low prices, Qatar now lures leading buyers by offering short duration cheap ‘teaser deals’ as it seeks to open…
As the first LNG tanker set sail from Sabine Pass in the last week of February, Charif Souki should have been celebrating his bellwether project. Instead, he is gearing up…
Nuclear restarts are gathering speed in Japan with three reactors now back on the grid; hence the world’s biggest LNG buyer reported the steepest plunge in gas imports in more…

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.