LNG

Stonepeak, the New York-based investment firm specializing in energy infrastructure, has completed the acquisition of a 50 percent interest in the Key Access Pipeline System (KAPS), a Canadian natural gas liquids pipeline that will impact future feed-gas needs for LNG exports from Western Canada.

Pieridae Energy, the Canadian LNG plant developer with plans to export cargoes to Germany, has engaged leading energy engineer Bechtel to replace another US firm KBR and to review its export project in Nova Scotia and come up with a construction price.