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
PE Live: Oil and gas skills fundamental to transition
15 June 2021
Many skills transferable but redeployment of staff from fossil fuel business also requires new approach to learning
PE Live: Energy transition demands new brand of leadership
15 June 2021
Soft skills gain importance as leaders steer course to a just transition to net zero
BP in joint bid to develop offshore wind in Norwegian North Sea
14 June 2021
Consortium with Statkraft and Aker Offshore targets Sorlige Nordsjo II ‎licence area
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video