British Columbia – Page 2

Faint Breath of Life to Move Canadian Gas to Asia: Three LNG Export Projects Still on the Books

March 14, 2018

From CBC News Global demand is growing for LNG, providing lifeline for projects still in development The once sky-high aspirations to develop a liquefied natural gas (LNG) industry on Canada’s West Coast have crashed to the ground, but experts say the window of opportunity has yet to close as demand for the resource continues to rise around the globe. After several project

Canada’s Natural Gas Production Climbs: Alberta Leads

December 13, 2017

Marketable natural gas production in Canada totaled 13.4 billion cubic meters in September, up 3.6% from the same month a year earlier, Canada’s statistics bureau said. Alberta (73.4%) and British Columbia (24.2%) continued to account for most of Canadian production in September. In August, natural gas transmission pipelines received 533.6 million gigajoules of natural gas from fields, gathering systems and

Pacific NorthWest LNG Project Delayed for Another 3 Months

March 21, 2016

Ottawa asks for extra time for environmental assessment of Pacific NorthWest LNG Malaysia’s state-owned Petronas has hit yet another hurdle on the road to developing its Pacific NorthWest LNG project in British Columbia, Canada. The Canadian Environmental Assessment Agency (CEAA) requested three extra months to review the project, reports Reuters. The Canadian government in Ottawa said it remains committed to

B.C. First Nation Postpones Vote on $1.6 Billion LNG Plant

July 30, 2015

Squamish First Nation conditions can be met, just need time to work out the details The Squamish First Nation has postponed a vote over a proposed $1.6 billion liquefied natural gas (LNG) plant in its traditional territory while it negotiates with the project’s backers during an environmental review. The Squamish Nation is undertaking an independent environmental assessment, which will be

B.C. Releases Details on $36 Billion Tax Deal with Pacific NorthWest LNG

July 7, 2015

Pacific NorthWest LNG will be exempt from tax hikes for 25 years British Columbian Finance Minister Mike de Jong released the details of the province’s deal with Petronas-led Pacific NorthWest LNG (PNW LNG) in order to attract a Final Investment Decision (FID) on the company’s liquefied natural gas (LNG) project. B.C. will compensate PNW LNG for any raises on the

British Columbia Expected to Lead Provinces in Economic Growth

February 23, 2015

Conference Board of Canada reports that B.C. will see the largest growth of any province in 2015 LNG projects would be “a game changer” The Conference Board of Canada released its Provincial Outlook: Winter 2015, and expects economic growth in British Columbia to outpace all other provinces in Canada. British Columbia’s economy grew by 2.8% in 2014, with growth in

Exxon to Invest $25 Billion in BC LNG

January 14, 2015

Exxon and its Canadian partners have filed to move forward on a new LNG project in western Canada ExxonMobil (ticker: XOM) and its Canadian partner Imperial Oil Ltd. (ticker: IMO) have taken a step forward in the process of developing the WCC LNG project in British Columbia, Canada. WCC LNG filed an environmental assessment and project description for its proposed

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