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The Final Investment Decision for the LNG Canada project has been considered a significant step not only for Canada's energy industry but also for the global LNG industry, as natural gas, including its liquefied form, is being used more and more extensively to fuel power plants, petrochemical plants and natural gas distribution pipelines to ...
The LNG Canada project was given the green light on Tuesday by Royal Dutch Shell, which is leading the $31 billion venture along with partners Petronas, Mitsubishi , PetroChina and Korea Gas.
The C$40 billion ($31 billion) LNG Canada project led by Royal Dutch Shell (RDSa.L) was given the go-ahead by the Anglo-Dutch giant and its partners, making it the fuel's first major new project ...
LNG Canada selected TC Energy to design, build, and own the pipeline in 2012. [1] In December 2019, investment management firm AIMCo and private equity firm KKR entered into an agreement to buy a 65% equity interest in the project for an estimated CA$600 million . [ 13 ]
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The first phase of the project calls for a floating LNG production facility with a capacity of 2 million mt/year [clarification needed], with a final investment decision is expected in 2014 and startup planned for 2018. [21] However, in June 2014, GDF Suez and Santos Limited made a decision to halt development.
Canada: Birch Mountain (Phase 1) 2013 CNRL: LAND Bitumen Tar Sands: 2014 30 In situ, announced [31] Canada: Horizon Oil Sands Project Ph 2, 3 2013 CNR: LAND Bitumen Tar Sands: 0 Delayed, 118 kbd Mining & upgrading [32] [33] Canada: Christina Lake (Unnamed Expansion 3) 2013 EnCana LAND Bitumen Tar Sands: 30 In situ, announced [31] Canada ...
Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of ...