BC LNG steps forward with contract awards

BC LNG Export Co-Operative, LLC announced that it has finalized contract awards for both Feed Gas Supply and LNG Purchase and Off-take.

Press Release — BC LNG Export Co-Operative, LLC announced that it has finalized contract awards for both Feed Gas Supply and LNG Purchase and Off-take for Train 1 of the Douglas Channel LNG Project. The Douglas Channel LNG Project is expected to produce approximately 700,00 metric tonnes of per annum of liquefied natural gas from the initial planned production facility beginning in Q2 2015.

The contract award for LNG Purchase and Off-take was made jointly to Golar LNG Limited and LNG Partners, LLC and the Contract Award for Feed Gas Supply was made to LNG Partners, LLC.

LNG Partners, LLC has agreed in principle to work with Tenaska Marketing Canada, a division of TMV Corp. to procure and/or manage the feed gas supply for the Douglas Channel project.

Golar LNG Limited and LNG Partners LLC are working towards finalizing a financing package for the project that would provide for construction and commissioning of initial facilities subject to receipt of final required permits.

Golar and LNG Partners are currently requesting proposals for the purchase of contracted LNG volumes on a Destination Ex-Ship basis.

The Douglas Channel LNG Project is being jointly developed by the Haisla Nation and Douglas Channel Gas Services Ltd. and is expected to be Canada’s first operational LNG export project.

Just Posted

Kitimat resident is Conservative choice for fall election

Claire Rattée is a former Kitimat councillor

B.C. BUDGET: Surplus $374 million after bailouts of BC Hydro, ICBC

Growth projected stronger in 2020, Finance Minister Carole James says

Province announces $100-million grant funding for Northwest communities

The Northern Capital and Planning Grant will go to four regional districts and 22 municipalities

LNG Canada sponsors driver’s license training in Terrace, Kitimat

The $80,000 contribution is part of the company’s commitment to hire locally

Prince Rupert Gas Transmission project searches for partners

TransCanada is renewing permits for its natural gas pipeline project to North Coast.

‘Riya was a dreamer’: Mother of slain 11-year-old Ontario girl heartbroken

Her father, Roopesh Rajkumar, 41, was arrested some 130 kilometres away

Searchers return to avalanche-prone peak in Vancouver to look for snowshoer

North Shore Rescue, Canadian Avalanche Rescue Dog teams and personnel will be on Mt. Seymour

Market volatility, mortgages loom over upcoming earnings of Canada’s big banks

Central bank interest hikes have padded the banks’ net interest margins

Hearings into SNC-Lavalin affair start today, but not with Wilson-Raybould

She has repeatedly cited solicitor-client privilege to refuse all comment

VIDEO: 8 things you need to know about the 2019 B.C. budget

Surplus of $247 million with spending on children, affordability and infrastructure

Tilray to acquire hemp food company Manitoba Harvest for up to $419 million

Tilray will pay $150 million in cash and $127.5 million in stock.

Tears, flowers at impromptu memorial for Syrian children killed in Halifax fire

The family had only lived in the Quartz Drive home for a few months

NDP candidates push for stronger climate action as Singh supports LNG Canada

Singh has tried to project unity in the party while facing internal criticism for poor fundraising and low support in the polls

Rod Taylor reflects on 2019 federal election

The Christian Heritage Party is aiming to run 100 candidates in upcoming election

Most Read