GTT receives order from Korean shipyard Samsung Heavy Industries for Canadian Cedar LNG joint venture
Gaztransport and Technigaz (GTT), the French maritime LNG storage technology company, has received an order from its partner, the South Korean shipyard Samsung Heavy Industries (SHI), for the storage tank design for a floating unit ordered by Canada’s Cedar LNG project in British Columbia.
Cedar LNG progress
Nov 3 (LNGJ) - Pembina Pipeline Corp. of Canada, a shareholder in the Cedar liquefied natural gas production project near Kitimat in British Columbia, reported C$346 million (US$251M) of third-quarter net income versus C$1.83 billion in the same three months of 2022 because of a previous one-off gain from gas processing assets. Quarterly revenues declined to C$2.29Bln from $2.78Bln in the same quarter last year.
Pembina has formed a partnership with the Haisla First Nation to develop the Cedar LNG project with 3 million tonnes per annum of capacity. The company said that Cedar LNG would provide a “valuable outlet” for Western Canada’s natural gas to global markets. “Cedar LNG continues to progress key project deliverables, having secured the major regulatory approvals and signed non-binding memoranda of understanding for long-term liquefaction services with investment grade counterparties for the project’s total base liquefaction capacity,” Pembina stated in its earnings.
Canadian LNG developer Pembina terminates Inter Pipeline acquisition deal after Brookfield counter bid
Pembina Pipeline Corp., the Canadian energy transportation and midstream firm with liquefied natural gas project ambitions, has terminated its acquisition agreement with Inter Pipeline Ltd, the owner of oil and gas pipeline assets in Western Canada as well as storage facilities and processing plants.
Canadian firm Tourmaline seals US$900M takeover in Montney Shale basin and sees more LNG prospects
Tourmaline Oil Corp., the Canadian oil and gas company, has agreed a C$1.1 billion (US$904.4 million) deal to purchase Black Swan Energy and boost its assets in the Montney Shale basin, where producers in northeast British Columbia have been heartened by two LNG export projects advancing to ship cargoes to Asia from the Kitimat area.
US Oregon LNG hostility suits Haisla First Nation now partnered with Pembina Corp. for Cedar LNG project
Pembina Pipeline Corp., the Canadian company that planned the Jordan Cove export project in the US northwest state of Oregon and rejected by the Biden Administration, has teamed up with the Haisla First Nation of native North Americans to pursue the Cedar LNG export venture in British Columbia.
