Canada to export Alberta oil via BC, accelerate LNG projects
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.
Germany’s SEFE agrees to offtake Ksi Lisims LNG from Canada
German state gas importer SEFE has agreed to buy 1 mtpa of LNG from Canada’s planned Ksi Lisims liquefaction project in British Columbia, with deliveries set to begin in the early 2030s for a tenure of up to 20 years.
LNG Canada, BC gov’ to close final items for Phase 2 FID
LNG Canada, the federal government, and British Columbia have agreed on a process to resolve the remaining “final items” needed to support a potential 2026 financial investment decision on the terminal’s Phase 2 expansion.
Commodities firms continue to increase their volumes of LNG for trading from key producers
Global commodities companies are continuing to increase their volumes of liquefied natural gas trading volumes from international oil and gas companies and state-owned energy firms.
Canadian government makes point of praising permit for small-scale LNG export project
The small-scale Canadian LNG export project backed by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company has had its 40-year export licence to ship cargoes to Asia approved by the federal government in Ottawa.
FortisBC may have to put Tilbury LNG expansion on hold
Canada’s largest private utility FortisBC is eager to find alternative offtakers from its Tilbury LNG facility after a deal with Hawaiian Electric faltered. Expansion of the Tilbury site is now at risk - the timeline will be pushed back, if no alternative buyer can be found.
Clock is ticking for BC's LNG projects as Asian prices plunge
British Columbia supports LNG export projects as a "once in a generation" opportunity, according to Rose Klukas, Kitimat's economic development officer; but the clock is ticking as falling gas prices in Asia could close that window of opportunity.
BC must act "quickly and aggressively" to sell LNG to Asia - report
In the race for market share in Asia, British Columbia need to be more assertive: Delays beyond 2024 risk complete competitive loss of market entry for Canadian LNG exporters, warns Michal Moore, director of energy policy at the University of Calgary.
Clock is ticking for BC's LNG projects as Asian gas prices plunge
British Columbia supports LNG export projects as a "once in a generation" opportunity, according to Rose Klukas, Kitimat's economic development officer; but the clock is ticking as falling gas prices in Asia could close that window of opportunity.
