Chevron jumps on board with Kitimat LNG project

Chevron Canada and Apache Canada have teamed up to share 50 per cent of the Kitimat LNG project.

Chevron Canada has joined forces with Apache Canada to build and run the Kitimat LNG project, and develop shale gas resources at the Liard and Horn River basins in B.C.

The new agreement means Chevron and Apache Canada will become 50 per cent owners of the proposed Kitimat plan, the Pacific Trails Pipeline, and 644,000 acres in the Horn River and Liard basins.

Chevron Canada will operate the LNG plane and the PTP gas pipeline.

“This agreement is a milestone for two principal reasons: Chevron is the premier LNG developer in the world today with longstanding relationships in key Asian markets, and the new structure will enable Apache to unlock the tremendous potential at Liard, one of the most prolific shale gas basins in North America,” said G. Steven Farris, Apache’s chairman and chief executive officer in a press release.

Encana and EOG Resources — currently 30 percent non-operating partners in Kitimat LNG and Pacific Trail Pipeline — will sell their interests to Chevron.

Kitimat LNG is currently completing front-end engineering and design, and early site work is under way. Current plans call for two liquefaction trains, each with expected capacity of five million tons of LNG per year (about 750 million cubic feet of gas per day). Kitimat LNG has received all significant environmental approvals and a 20-year export license from the Canadian federal government.

Just Posted

Construction of LNG Canada plant still on hold

Construction will only begin following a positive final investment decision

VIDEO: Watch ex-Kitimat video director Stephano Barberis’ new reel, featuring his own new music

Breathe of My Leaves music project debuts ‘Chimera’ album of electronic sounds

Sulphur dioxide pollution over Kitimat could be eliminated after 2024

New process will eliminate SO2 as a byproduct

Kitimat, Terrace home sales up from 2017

Optimism surrounding a potentially positive LNG decision one of the factors

B.C. Green Party pushes for wild salmon commissioner

The role would serve as a unifying force in the provincial government

VIDEO: After the floods, comes the cleanup as Grand Forks rebuilds

Business owners in downtown wonder how long it will take for things to go back to normal

Couple survives being buried in mudslide on B.C. highway

The couple, from Saskatchewan, were en route to Nelson when a tree fell in their path

‘So grateful:’ Injured Bronco hockey player glad he’s alive, works on recovery

Ryan Straschnitzki was badly hurt in the accident: a spinal injury, broken ribs, a broken collar bone, and punctured lung

PHOTOS: Floodwaters rise and fall in Grand Forks

The flood-ravaged Kootenay-Boundary region begins to heal

Martin Mars waterbombers’ firefighting days are done

Wayne Coulson said his company still hopes to find a new home for the vintage aircraft

NHL playoffs weekly roundup

Vegas Golden Knights have done the impossible and have a chance at hoisting the Stanley Cup

Changes needed for ‘Alert Ready’ mass emergency system

‘You need to strike this careful balance between alerting people to lots of problems — and doing it too often’

Las Vegas Golden Knights move on to Stanley Cup final

Improbable run continues for NHL’s newest expansion team

Oregon’s flooded recreational pot market a cautionary tale to Canada

‘In a broader sense, we are adding legal production to an already robust illegal production’

Most Read