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Blog: ‘Great news’ for LNG producers

For all those naysayers predicting gloom and doom for the LNG sector, and Canada’s LNG exports, some corrective thoughts, and for our producers, good news. Canadian-based DOB Energy puts it simply with this headline: “LNG demand forecasts are great news for North American suppliers.” Key points from DOB Energy: Shell expects global LNG demand will…

Blog: FortisBC wins Indigenous support for LNG projects

With two LNG-related projects in the works, FortisBC has been seeking, and winning, support from affected First Nations. The first project is the proposed further expansion of FortisBC’s Tilbury LNG plant in Delta. Powered by renewable hydroelectricity, the Tilbury facility has been creating lower-carbon LNG since 1971. It was initially designed to store LNG that…

Blog: Federal loan-guarantee program coming, and welcome

Ottawa’s move to help Indigenous peoples fund investments in natural-resource and energy projects is coming, and, as requested by First Nations leaders, it will allow for equity investment in oil, gas, LNG, and related initiatives. The program was announced in the 2024-5 federal budget this week, with Finance Minister Chrystia Freeland promising that up to…