Natural gas production in Canada will likely decline in the next decade if no new export facilities are constructed and put in to operation. The Calgary-based Canadian Association of Petroleum Producers said Canada needs access to global liquified natural gas markets to help stimulate the industry.
United States natural gas supplies are displacing western Canadian gas in the … Read More...
Members of the Lax Kw’alaams first nations band voted No and oppose the plan to build a liquefied natural gas pipeline and terminal in their territory. This decision could reach distant shores where investors are poised to decide if they will commit tens of billions of dollars to building an LNG industry in British Columbia.
The 3,600 members … Read More...
With the decline in the price of LNG declining so much this does have some added benefits for the vessels that run on LNG as a fuel that are the link between buyers and sellers of the gas.
I guess it is the good and bad of it all as the cost to transport the LNG is lower … Read More...
The cost of to produce LNG from Canada may be projected to be a little higher that other countries however the investors are not moved. This must have been a consideration in the early stages when they were doing their feasibility studies before investing.
They are also comforted by the fact that demand will always drive the cost … Read More...
The output of carbon is a real concern to the surrounding communities of the LNG facilities. It is great that the facilities will be open to provide employment and opportunity in the area but we must not forget the environmental issues that must be considered.
The options must be weighed and the formal establishment of appropriate output levels … Read More...
This is a great idea as it seeks to achieve two environmental and socio-economic goals of the region. Also being EU funded there must be regulations and studies in place to ensure safety and feasibility to the project.
The EU is known to fund projects that are practical and will work to achieve long term goals over a … Read More...
Corporations are always at the forefront to develop methods to get more while spending less and this article is a classic example of that. To develop a ship that can handle the Arctic route is quite innovative and if it is cheaper for the company overall it makes sense.
The Arctic route is favorable for transport and saves … Read More...
The comments that were made seem like political rhetoric just to gain popularity. It would not be practical to give Indian workers jobs while there is a significant amount of unemployed Canadians. They would be cheaper of course, however that would have a negative impact on the economy of Canada and would eventually result in a decline in … Read More...
Petronas could stand to benefit because of the delay of the LNG project. They did not rush into placing large scale investments in LNG facilities before they were certain where things were going.
In business it is a balance between being smart and sometimes just being lucky. It can be uncertain at times which way the business can … Read More...
Emissions are a serious thing. It is not wise to only look at the financial gains today and not look at the long term effects emissions will have on the environment in the future. There needs to be a balanced approach to the industry meaning that financial gain must not outweigh the environment.
LNG is a useful gas … Read More...
