First Nations and LNG

In fact, there are many First Nations in B.C. who support responsible economic development in their territories and for many in the North that means LNG development. It is no longer acceptable to relegate First Nations into poverty or to criticize the …

GAIL renegotiates LNG deal with Russia’s Gazprom

Speaking on the development, BC Tripathi, CMD, GAIL, said: “This deal is a step for GAIL to diversify LNG portfolio by spreading price reference indices across multiple geographies so as to provide consumers greater flexibility in service.” The SPA signed in 2012 was a 20-year LNG sales and purchase …

Gail, Gazprom Revise LNG Pricing, Terms

Gail managing director B C Tripathi said: ”This deal is a step for GAIL to diversify LNG portfolio by spreading price reference indices across multiple geographies so as to provide consumers greater flexibility in service.” He also said that both firms might engage in portfolio optimisation and LNG swaps.

New LNG deal between GAIL and Gazprom

Reuters is reporting that GAIL (India) has renegotiated its long term LNG purchase deal with Gazprom. … step for GAIL to diversify its LNG portfolio by spreading price reference indexes across multiple geographies, so as to provide consumers a greater flexibility in service,” stated Chairman B.C. Tripathi.

GAIL renegotiates LNG deal with Gazprom

New Delhi: Gas utility GAIL (India) Ltd has renegotiated the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia’s Gazprom PJSC, the … price reference indexes across multiple geographies, so as to provide consumers a greater flexibility in service, said Chairman B.C. Tripathi.

Fantasy Island

Christy Clark, then the newly re-elected premier of the ruling BC Liberal Party, had staked her government on the idea that liquefied natural gas, or LNG, export facilities such as this one would kick-start a struggling regional economy and give Britis…

Resource forum to hear LNG update

The B.C. Natural Resources Forum is a festival of economic speculation, with so many of the primary players in government and private industry all together in one room. Finding out the New Year’s resolutions of LNG Canada is something a lot of the ears in the room will be tuned to during the 2018 …

AUDIO: Cullen on what’s in store for 2018

He also took time to chat with local media at his Smithers constituency office on his feelings for what’s in store for the Bulkley Valley, B.C., Canada, and the … With LNG, Cullen said the Shell-led LNG Canada terminal in Kitimat and its TransCanada Coastal GasLink pipeline that runs south of the Bulkley …

LNG pipeline for northwest BC still active

Despite the cancellation of the Pacific NorthWest LNG’s project on Lelu Island, the TransCanada Prince Rupert Gas Transmission Project is still alive. The B.C. Environmental Assessment Office has approved of an amendment to alter the project description to increase its footprint by 53 hectares and …

The Year Ahead: Taylor Mayor Rob Fraser

I do not believe that the development of LNG is over. The first delivery of B.C.-supplied LNG in 2017 to China was small but symbolic. It is economically feasible to ship LNG from B.C. and Asian countries will see it as a benefit to both their energy n…

Year in Review: October 2017

A totem pole was raised on Lelu Island after the LNG project came to an end. Approximately 100 people were on Lelu Island for the ceremony on territory that the Prince Rupert Port Authority said is claimed by federal Crown land. The occupation of the island began in 2015 where Petronas’s proposed …

Year in Review: March 2017

Once Shell acquired the company in 2016, the LNG project came under review as an asset. The plant would have produced 21 million … Sheryl Sadorski-Gordon became the first person from B.C. to receive the Medal of Courage from the Canadian Cancer Socie…

Year in Review: January 2017

Pacific NorthWest would not confirm or deny reports of switching a planned berthing area from Lelu Island to Ridley for their proposed LNG (liquid natural gas) project. The project has since been cancelled. The change in the PNWLNG proposal could have …

FSJ for LNG still pushing for BC LNG development

FORT ST. JOHN, B.C. – FSJ For LNG says they will continue to lobby and push for a positive final investment decision on LNG projects in 2018. In 2017, the group disappointed by Petronas’ decision to cancel the Pacific Northwest LNG project, but the group still believes there is potential to develop LNG …

Political interference dims BC Hydro

No private business would have ever made the imprudent political decisions the BC Liberals forced on BC Hydro. Examples includes the Northwest Transmission Line, the emphasis on run of the river private power contracts (generating power), and Site C in…

The multi-tent government of BC

“An independent review of the project found that BC Hydro could supply the province with electricity, without the new dam, with modest growth in LNG production, until 2028.” Clark forged ahead with Site C dam in the face of calamity, even as markets for LNG collapsed. Premier Horgan was left with a …

Rocky road ahead

He hammered away at then Premier Christy Clark’s golden goose pipe dream – liquefied natural gas (LNG). Clark hopped on a bus and toured the province with two things in her mantra. The B.C. Liberals were going to fix all of the province’s economic woes by transporting and selling the magic elixir to …

Forecast: jobs potential with risk of protests

The biggest story in 2018 for the resource and energy sectors in B.C. will likely be the $7.4 billion Trans Mountain pipeline twinning project, which could be eclipsed only by liquefied natural gas (LNG) – the latter being either a total non-story or the biggest resources story of the year, depending on …

BC NDP’s Ralston brings jobs message to Richmond

Although the former BC Liberal government established its B.C. Tech Strategy in 2016, Ralston said there was too much focus on the LNG sector. “The previous government had a singular focus on one sector, the LNG sector. Only very belatedly when they realized, I think, market conditions for LNG …

Canada’s first LNG shipment arrives in China

“There are still huge opportunities for BC to supply LNG to China.” True North partnered with China-based CIMC ENRIC Holdings Limited and FortisBC on the shipment. The LNG was shipped in a single intermodal container and bypassed receiving LNG terminals and regasification plants—a route less …

The China connection

China aims to more than double its consumption of natural gas in the next several years and that has potential impacts for B.C., including Squamish and Woodfibre LNG Limited. Liquefied natural gas (LNG) is created by cooling natural gas to -162°C, which decreases the volume of the gas by 600 times, …

Woodfibre lng news

The EAC was The Woodfibre LNG Project is a proposed small-scale LNG processing and export facility, located approximately seven kilometres southwest of Squamish, B. 17 Feb 2017 Woodfibre LNG lets contract for proposed British Columbia project In 2014, …

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