"We are in the process of putting together a development company," said Kist, the former president of Pacific Northwest LNG. The group represents 10 producers active in the Montney and Duvernay shale plays of northwest Alberta, with combined production of 3.3 Bcf/d. The consortium includes ...
Since LNG Canada was approved, LNG projects were approved in the U.S. Gulf Coast and off the coast of Mauritania and Senegal as producers expect a sharp rise in gas demand, particularly in Asia. Shell’s partners are Malaysia’s Petroliam Nasional Bhd (Petronas), Korea Gas Corp (KOGAS) a...
Other emerging buyers of LNG in Asia, such as India, are also keen on more flexible arrangements, and LNG producers have had to embrace the new dynamics, with those in the United States leading the way by offering cargoes priced against the U.S. domestic benchmark. New Models What the st...
Pietro Pitts, international editor, Hart Energy: Just how important is the start of LNG Canada for Canada as a country and Canadian gas producers? Teresa Waddington, vice president of corporate relations, LNG Canada:This is a moment in history because it really is the very first LNG exp...
Richard Holtum, Global Head of Gas, Power and Renewables for Trafigura, added: “We’re delighted to build on our relationship with Tourmaline at a time when Canadian gas producers are starting to play a pivotal role in global LNG markets. Today’s agreements support our commitment to these ...
“Canada is going to be the song on the dance floor for the next couple of years as new projects come online,” Mark Bononi, an analyst at Wood Mackenzie, said. The two remaining projects under construction in Canada —Woodfibre LNGand Cedar LNG — are estimated to add 5.4 million to...
Canadian producers can break into liquefied natural gas (LNG) without waiting for stalled multibillion-dollar overseas export projects by fueling vessels instead of filling tankers, according to government- and industry-sponsored research. Potential marine engine demand for up to 2.4 million metric tons...
"LNG is just one of those opportunities,” he said. In March, Petronas said it was one of the producers involved inTransCanada(TRP)'s proposal to expand a pipeline system that would open up more markets for its gas produced in Western Canada....
“Petronas is pleased to be part of the LNG Canada project. As one of the world’s largest LNG producers, the company looks forward to adding value to this venture through our long-term expertise and experience across the LNG value chain.” ...
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