Apr 16, 2019
LNG Canada presses ahead with construction despite continuing dispute with Wet’suwet’en group
LNG Canada is forging ahead with construction of its liquefied natural gas export facility.
At an industry conference in Toronto, LNG Canada CEO Andy Calitz said the international consortium, a joint venture among Shell, PETRONAS, PetroChina, Mitsubishi and KOGAS, has already spent nearly $3-billion on the project and has locked down contracts in China where modules for the processing facility will be fabricated for assembly in Kitimat, B.C.
The export project is one of the rare bright spots for the Western Canadian oil and gas sector, which has seen depressed prices for gas and lack of sufficient pipeline for crude that has resulted in government-mandate production cuts, writes the Globe and Mail.