Gazoduq and GNL Québec, two Canadian companies proposing to transport feed-gas from Western Canada and export it as LNG from a liquefaction plant at Saguenay in Quebec, have rejected a critical report by a Montreal-based body looking into their corporate structures and possible taxation levels were the projects approved and constructed.
Ten Western Canadian natural gas producers have formed a consortium to explore ways of sending their resources to market, including the possibility of planning their own LNG export project in British Columbia.
British Columbia, the Canadian province seeking an LNG export and energy industry while many of its politicians and interest groups actively oppose the energy sector, has this week seen several landmark events relating to energy policies.
June 15 (LNGJ) - TransCanada Corp., the Canadian pipeline company, is moving forward with a new $2 billion expansion of its Nova Gas Transmission Ltd. system, based on new contracted customer demand for approximately 3 billion cubic feet per day, even in the absence of a major LNG export project. “Between now and 2021, TransCanada is investing in new pipeline infrastructure to connect Western Canadian natural gas production to key markets within the basin and across North America,” said Karl Johannson, TransCanada's executive Vice-President. This expansion programme comes from growing producer demand to connect with the low-cost Montney shale-gas play in British Columbia and other resources.