Blog: Long future seen for Canadian LNG
The Canadian Gas Association sees growing Asian demand — from Japan in particular — for Canadian LNG. And it’s not alone in seeing a long future for LNG: Executives in the natural-gas industry expect strong demand for the fuel in Asia through 2040 and 2050 as countries continue their coal-to-gas switch, and look to meet…
Thank you, Supreme Court of Canada
Introducing the Impact Assessment Act in 2019, the federal government promised speedier processing of natural-resource projects “through legislated timelines.” It didn’t happen. As the Canada West Foundation reported earlier this year: “The IAA was intended to speed up a cumbersome application process for major infrastructure and resource projects, some of which were in the assessment…
Blog: New push for Indigenous-equity loans
Campaigns for federal loan-guarantees to help Indigenous Peoples invest in natural-resource projects have long been led by the Indigenous Resource Network and the First Nations Major Projects Coalition (FNMPC). The push now has taken on a new life as there are fears that Ottawa will exclude oil and natural gas from such a loan program,…
Blog: B.C. natural gas: Montney leads the way
The Montney natural-gas play in B.C. and Alberta continues to dominate drilling activity, production, and growth in gas reserves. This from the B.C. Energy Regulator, which notes that in the last five years, gas production in B.C. has increased 40.2%. The regulator’s new report says B.C.’s estimated remaining raw gas reserves increased 18.3% in 2022,…
Blog: Power challenge for LNG Canada Phase 2
LNG Canada’s look at the potential for expansion has taken a significant step. The company has begun discussions with potential contractors in China for building modules for proposed Phase 2 expansion of the Kitimat plant. China built 215 modules, of varying sizes, that have gone into LNG Canada Phase 1. The first major module, weighing…