Blog Archives

Shell officially shelves plans to build Prince Rupert LNG project

LNG Canada looks for new lead contractor on $40-billion proposal for Kitimat

lng-canada-kitimat-project

Artist’s rendering of the proposed LNG Canada project at Kitimat. (LNG Canada/flickr)

by Derrick Penner, Vancouver Sun, December 10, 2016

The consortium proposing a $40 billion liquefied natural gas development at Kitimat is calling for bids to find a new lead construction contractor looking to shore up costs while the project is under an indefinite delay. Read the rest of this entry

Global energy market poor for B.C. LNG industry: analyst

Natural Gas LNG ship

A liquid natural gas tanker in Australia.

Global Sustainability Research says ‘gas glut’ and alternative energies behind B.C. LNG delays

By Samantha Garvey, CBC News July 16, 2016

Another delayed liquefied natural gas plant in B.C. has some wondering if the whole industry is in trouble.

An analyst with Global Sustainability Research says the delays are partly due to a ‘global glut’ bringing down energy prices around the globe. Read the rest of this entry

‘Global industry challenges’ delay LNG Canada’s Kitimat project

LNG tanker Japan

A liquefied natural gas tanker arrives at Sodegaura city in Chiba prefecture, east of Tokyo. There were conditions placed on marine routes and speeds after an environmental assessment of the LNG Canada project. (STR/AFP/Getty )

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

Haisla Nation in tough waiting game as LNG delayed

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Haisla chief councillor Ellis Ross with a view in the background of his community and Douglas Channel in the fall of 2014. At the time, community members had jobs to pick from as preliminary work for potential LNG projects was underway and Rio Tinto was in the midst of a major upgrade project on its aluminum smelter in Kitimat. Now, Haisla members are leaving town to look for work as LNG projects are in limbo and the aluminum plant project is complete. Gordon Hoekstra / Vancouver Sun

by Gordon Hoekstra, Vancouver Sun, May 27, 2016

The Haisla Nation, which supports two of the leading proposed major LNG projects in B.C., is in a tough waiting game as the projects remain in limbo.

Activity on both the $25-billion to $40-billion Shell-led LNG Canada project and the $12-billion Chevron-led Kitimat LNG project proposed for the Kitimat area in northwest B.C., where the Haisla claim traditional territory, have slowed to a crawl. Read the rest of this entry

Royal Dutch Shell casts fresh doubt on B.C. LNG project due to funding

Shell skullby Yadullah Hussain, Financial Post, May 5, 2016

Royal Dutch Shell Plc. has cast doubts its liquefied natural gas export project in British Columbia will secure a final investment decision (FID) by the end of this year, further dashing the province ’s hopes of shipping LNG by 2020.

Shell’s LNG Canada in Kitimat is competing for funding dollars with two other company LNG projects, both in the United States, as well as with a chemicals plant in Pennsylvania, within the next 12 months, chief financial officer Simon Henry told investors during a conference call Wednesday. Read the rest of this entry

Shell’s Kitimat LNG proposal is first to get key permit

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This rendering of the proposed project shows two of the LNG trains. (LNG Canada/flickr)

Joint venture is made up of Shell Canada, affiliates of PetroChina, Korea Gas and Mistubishi

By Laura Kane, The Canadian Press, Jan 6, 2016

A joint venture company led by Shell has obtained the first permit to build a liquefied natural gas export facility in northern British Columbia, but the company has yet to make a final commitment to go ahead with the project. Read the rest of this entry