LNG Canada announces delay in proposed natural gas liquefaction plant in Kitimat

LNG Canada delaying proposed natural gas liquefaction plant in Kitimat

LNG Canada announced late Monday afternoon that it will be delaying their proposed natural gas liquefaction plant in Kitimat.

The decision was made by the four joint venture partners on the project, Shell, PetroChina, Mitsubishi, and Kogas. A final investment decision was previously expected in December of this year.

“In the context of global industry challenges, including capital constraints, the LNG Canada Joint Venture participants have determined they need more time prior to taking a final investment decision,” states the press release posted on LNG Canada’s website.

“In the coming weeks, LNG Canada will continue key site preparation activities and work with its joint venture participants, partners, stakeholders and First Nations to define a revised path forward to FID,” it continues.

Andy Calitz, LNG Canada CEO, stressed that the project is not cancelled, only delayed, though he did say that there is no current timeline in place for when the project would begin to move forward again towards a final investment decision.

“I don’t know yet,” he said during the company’s press conference, following the online announcement of the delay.

Calitz thanked the communities of Kitimat, Kitamaat Village, and reiterated that LNG Canada’s partnership and cooperation with the Haisla Nation and Chief Councillor Ellis Ross has been a critical aspect of the project.

 

Just Posted

The District of Kitimat issues a water advisory

Three fires over the weekend underscore the need to conserve water

‘Beauty amongst such tragedy:’ B.C. photographer captures nature’s trifecta

David Luggi’s photo from a beach in Fraser Lake shows Shovel Lake wildfire, Big Dipper and an aurora

LNG Canada to build two salt marshes

Offsets will mitigate the effect of construction

Police patrol for looters in evacuated areas south of Burns Lake

RCMP have brought in extra officers for the task

Kitimat opens its arms, and its hearts, to wildfire evacuees

Emergency Social Services invites volunteers to apply

Social media, digital photography allow millennials to flock to birdwatching

More young people are flocking to birdwatching than ever, aided by social media, digital photography

Smoky skies trap B.C. man inside for days

Air quality warning issued for Metro Vancouver and Fraser Valley

Case of truck driver charged in Humboldt Broncos crash adjourned until October

Jaskirat Singh Sidhu is charged with 16 counts of dangerous driving causing death, other charges

REVIEW: MTV VMAs was a shocking event, for the wrong reasons

MTV Video Music Awards lacked star power and felt flat and some of the winners turned heads

4.6 quake detected off coast of Vancouver Island

The small earthquake happened early Tuesday morning

Quesnel RCMP seize gun, drugs after stopping man cycling without a helmet

The man had a warrant out for his arrest and was carrying illegal items in a backpack

Puppies picked up by BC Wildfire crew to be returned to family

They were just leaving the Monashee Complex of fires when they found the cutest creatures.

At least 14 illegal fires set in Fraser Valley this month

Conservation officers are fed up with people not listening to the province-wide fire ban

B.C. woman promoting ‘orange glow’ campaign to support firefighters

A Penticton woman is hoping an orange ribbon campaign will catch on throughout B.C.

Most Read