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
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