BC Hydro rate policy could hinder LNG growth prospects as grid expansion costs become an issue
Scott Simpson, Vancouver Sun, April 11 2013
A BC Hydro policy that slaps extra costs onto major new industrial customers could prompt natural gas producers to “abandon their plans” to support an international LNG export industry, according to documents obtained by The Vancouver Sun.
Demonstrators protest Pacific Trails Pipeline
CBC News, Mar 31, 2013
Pipeline will run 450 km from Prince George to Kitimat
Nearly one hundred costumed demonstrators marched to Chevron's North Burnaby refinery on Saturday, protesting the company's involvement in the proposed Pacific Trails Pipeline.
Corporate welfare not needed for LNG on West Coast
Claudia Cattaneo, Financial Post, March 21 2013
While Ottawa agreed in Budget 2013 to extend tax breaks for manufacturers for two years, a request by developers of liquefied natural gas terminals on Canada’s West Coast to receive similar tax savings fell on deaf ears.
CKNW's Michael Smyth talks with David Hughes about LNG
Michael Smyth & David Hughes, Post Carbon Institute, followed by A.J. Goodman, Shale Resource Centre for Canada, CKNW, Feb 27 2013
Expectations and hurdles high for B.C.'s LNG industry
Nathan VanderKlippe, Globe and Mail, Feb. 25 2013
VANCOUVER —
It will be years before Canadian natural gas heats Asian homes. But as the industry considers billions of dollars of investment to export liquefied natural gas, it faces a difficult path to shipping its energy overseas.
CFAX's Pamela McCall talks with David Hughes about LNG
Pamela McCall & David Hughes, CFAX, Feb 23 2013
Alfred Sorenson talks to CBC about LNG in BC
Alfred Sorensen, CBC Early Edition, Feb 15 2013
Alfred Sorensen of Pieridae Energy says LNG in BC is not as promising as Premier Clark states. Challenges include upstream gas production, fracking, water, power requirements. 10 million tonnes per annum plant may need 400 megawatts of electricity capacity. Mr. Sorensen was a partner in Galveston LNG which first proposed the Kitimat LNG project now owned by Chevron and Apache.
Bob Simpson: LNG snake oil for B.C.’s economic woes
Bob Simpson, Georgia Straight, Feb 14 2013
Forestry, mining, and agriculture all made cameo appearances in this week’s throne speech, but liquefied natural gas (LNG) had the starring role.
When the gruel is this thin, fantasy looks like a good alternative
Vaughn Palmer, Vancouver Sun, February 12, 2013
VICTORIA — Bereft of revenues, political momentum and much in the way of new ideas, the B.C. Liberals Tuesday staked the last throne speech of their current term on wild speculation about a single sector of the economy.
LNG-fuelled prosperity is far from a sure thing
Editorial, Vancouver Sun, February 12, 2013
B.C. LNG – It’s a crowded coast
Peter Tertzakian, The Globe and Mail, Feb. 05 2013
“No one goes there nowadays,” said Yogi Berra. “It’s too crowded.”
Oil and gas industry seeks billion-dollar tax break to lure LNG plants
Gordon Hamilton, Vancouver Sun, February 7, 2013
The Canadian oil and gas industry is asking Ottawa for subsidies that could be worth $2 billion in tax savings to encourage the development of liquefied natural gas plants in British Columbia.
Chevron stands off with LNG buyers over pricing, warns projects at risk
Jeff Lewis, National Post, Feb 1 2013
CALGARY — Chevron Corp. is taking a hard line with Asian utilities and other potential buyers seeking cheaper prices on exports of liquefied natural gas from Canada’s West Coast, warning that unless sales are indexed to oil prices “the projects won’t get built.”
Is B.C.'s gas like Alberta's tar sands? Yes, in many ways, so it's about time we talked about it
Derrick O'Keefe, rabble.ca, Jan 31 2013
Earlier today in Vancouver, top officials of the B.C. government joined a day-long seminar -- or, more accurately, a love-in -- with the fossil fuel export industry organized by the Vancouver Board of Trade.
Exporting carbon: Canada's new asbestos?
Briony Penn, Focus, February 2013
Climate policy experts are speaking out against various schemes to export more carbon from BC’s coastal ports.
Truck driver John Snyder retired to bucolic Fanny Bay to live the life, only to wake up one morning three years ago to find a notice on his doorstep—an invitation to an information session on the Raven Coal Mine, proposed five kilometres upstream of his home.
B.C. First Nations raise red flags over proposed natural gas pipelines
Canadian Press, National Post, Jan 29 2013
Chief Terry Teegee says the projects are at risk because there are no agreements in place for First Nations to assess them
U.S. LNG Profit Seen Elusive as Price Gap Closes
Matthew Brown, Bloomberg.com, January 11 2013
Profits from selling U.S. liquefied natural gas abroad may be elusive, belying the $60 billion race for export licenses as the price gap between Asia and North America shrinks from record levels.
B.C. LNG exports take a step forward with TransCanada announcement
l, Alberta Oil Magazine, January 14, 2013
TCPL to build $5.1 billion pipeline that will feed coastal terminal
If you’re keen on seeing liquefied natural gas (LNG) exported from the coast of British Columbia, Wednesday was a good day.
Exports of American Natural Gas May Fall Short of High Hopes
Clifford Krauss, New York Times, January 4, 2012
HOUSTON — Only five years ago, several giant natural gas import terminals were built to satisfy the energy needs of a country hungry for fuels. But the billion-dollar terminals were obsolete even before the concrete was dry as an unexpected drilling boom in new shale fields from Pennsylvania to Texas produced a glut of cheap domestic natural gas.
Kitimat LNG closer to reality as Chevron to buy out Encana, EOG
Nathan VanderKlippe, The Globe and Mail, Dec. 24 2012
A struggling natural gas export project on the British Columbia coast is on the cusp of being built after Chevron Corp. agreed to take over as operator of Kitimat LNG.
Ottawa approves Nexen, Progress foreign takeovers
Shawn McCarthy & Steven Chase, Globe and Mail, Dec. 07 2012
OTTAWA — Prime Minister Stephen Harper has erected new barriers to investment by state-owned companies, fencing off the oil sands from further control by foreign governments.
Progress and Petronas offer to upsize LNG plant
Dan Healing, Calgary Herald, December 4, 2012
Scale to rise 60 per cent if federal government OK’s $6B takeover
CALGARY — Federal approval of the $6-billion Petronas takeover of Progress Energy will result in a bigger LNG export facility and billions in accelerated investment in B.C. shale gas fields, the companies said Tuesday.
B.C. First Nation members evict pipeline surveyors, set up road block
Globe and Mail, The Canadian Press, Nov. 22 2012
Members of a First Nation in northern British Columbia have evicted surveyors working on a natural gas pipeline project from their territory, seized equipment and set up a roadblock against all pipeline activity.
