Rockies LNG, a firm set up by a group of Canadian natural gas exploration and production companies, is considering developing its own barge-based export project on the Pacific Coast of British Columbia as an outlet for abundant gas resources.

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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.

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Malaysian energy company Petronas said second-quarter net profit more than doubled compared with the same quarter of 2017 because of higher oil and gas revenues and the absence of investment costs related to the Pacific Northwest LNG project in Canada that affected 2017 earnings.

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TransCanada Corp. said the National Energy Board had recommended government approval of a variance to the previously issued North Montney Mainline Project certificate, allowing construction to start on the $1.4 billion project originally linked to a cancelled LNG venture.

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Canadian North American native First Nations have expressed anger that many liquefied natural gas export projects in British Columbia have been blocked and blame the self-regarding Greens movement and well-off professional environmentalists for denying them opportunities.

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TransCanada Corp., the Canadian and North American pipeline and infrastructure operator, has launched a new open season on its Nova Gas Transmission Ltd. (NGTL) system expansion for binding capacity commitments at the Empress-McNeill export delivery point onward to the US border for volumes formerly expected to be shipped as LNG from British Columbia to Asia.

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The first LNG shipment has arrived at Japan’s new Soma LNG import terminal owned by Japan Petroleum Exploration Co. and located in Fukushima Prefecture in eastern Japan, near where the nuclear disaster happened in March 2011.

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The Liberal government in Canada of Justin Trudeau is going to have to create a predictable regulatory regime for LNG projects such as the now cancelled Pacific Northwest venture in British Columbia of Malaysian energy company Petronas or Canadians will face a future of lower living standards, higher taxes and bigger debt.

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Malaysian energy company Petronas, one of the world’s leading LNG operators, has formally cancelled its planned US$27-billion Pacific Northwest Project in the Canadian province of British Columbia as had been expected for many months.

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The latest policy speech of British Columbia provincial Premier Christy Clark reflected the Canadian federal government’s rejection of a large-scale LNG export industry as it was dominated by issues of welfare and lack and jobs - unlike previous speeches referring to a new clean-energy dawn and a $100 billion LNG Prosperity Fund.

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