Related Articles
Forward article link
Share PDF with colleagues

Constraining Canadian LNG

Future near-term gas ventures beyond those already sanctioned look doubtful against a background of financial crisis and little competitive edge

A second wave of potential LNG projects in Canada face an uphill battle to make their economics work, a panel told Petroleum Economist’s LNG to Power North America forum on Tuesday. “You have to thread the needle to get the land routes, permits and First Nations into a position where they are happy,” says Andy Brogan, partner at global services firm EY. “You need an extremely robustly financed and determined lead project sponsor. Those moving forward are [doing so] because they have the supermajors prepared to stick with it.”  The landmark $40bn LNG Canada project in Kitimat, British Columbia is a case in point. The consortium, led by Shell, funding the project is constructing two initial

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Muscat faces up to oil twilight
15 June 2021
The Omani government’s focus is reluctantly shifting to managing output decline
Indebted KrisEnergy set for liquidation
15 June 2021
Disappointing Cambodian exploration results seal Singaporean independent’s fate
India needs tax and regulatory consistency – Cairn
15 June 2021
Rules for new prospects should be extended to mature fields, according to the domestic producer
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video