Consortium says liquefied natural gas facility in Kitimat, B.C., still ‘a promising opportunity’
The Canadian Press, July 12, 2016
Instability in global energy markets has caused the international partners in a proposed liquefied natural gas project in Kitimat, B.C., to delay their final decision on the venture indefinitely.
LNG Canada CEO Andy Calitz said in a conference call Monday that a drop in natural gas prices around the world, particularly in Asia, has made the project too expensive for now. Read the rest of this entry