Friday, July 20, 2012

LNG plans dusted off for Prince Rupert

Back in the mid 1980's Dome Petroleum had grand designs for shipping Liquefied Natural Gas to Asian markets, plans that were rendered historical with the demise of that energy player.

Now, some thirty years later the prospect of LNG tankers calling in at Prince Rupert may yet see the light of day.

Two proposed developments for Prince Rupert are getting more and more attention these days, the latest one involving one of Asia's largest players in the energy world.

Petronas, Malaysia's state owned oil and gas company recently struck a deal to acquire a Calgary Energy company, Progress Energy Resources Corporation, with that announcement Petronas also indicated that it would seek to ship Natural Gas out of a shipment terminal in Prince Rupert.

Petronas would build and use a terminal on Lelu Island near Ridley Island, with an anticipated completion date of 2018.

The Petronas announcement comes after the British Gas Group announced its own desire to ship liquified natural gas out of Prince Rupert.

Prince Rupert is facing stiff competition for industrial development from Kitimat, which has also seen a string of LNG related developments proposed over the last year.

The Northern View-- Energy critic says LNG industry could help Prince Rupert...
The Northern View-- Second International energy company looking at LNG terminal ...
The Northern View-- Prince Rupert Port Authority working with International LNG group...
CFTK TV 7-- Shell Picks Pipeline Builder
CFTK TV 7-- Shell LNG Presentation (Video)
CFTK TV 7-- Shell Partners for LNG Project in Kitimat
Vancouver Sun-- Port is an economic driver for B. C.
Vancouver Sun-- B. C.'s LNG exports a good news story
Vancouver Sun-- New Ideas needed to serve LNG plants and ratepayers
Vancouver Province-- B. C.'s population figures reflect resource boom-and-bust cycles
Globe and Mail-- Malaysia makes big bet on natural gas from Canada
Globe and Mail-- Energy regulator approves export licence for BC LNG
Globe and Mail-- In Kitimat, hopes for the establishment of a regional export hub
Globe and Mail-- A West Coast LNG plant possible for Imperial, CEO says
Globe and Mail-- U. K. firm joins race to export gas from B. C.
Globe and Mail-- Shell urges quick action to secure LNG markets for Kitimat terminal
Globe and Mail-- Projected LNG sites
Globe and Mail-- Liquefied Natural gas producers turn to Asia
Globe and Mail-- Shell eyes LNG terminal in B. C. that would overshadow Kitimat
National Post-- Canada's natural gas dreams closer to reality after Petronas moves
National Post-- Malaysia's Petronas to buy Progress Energy in deal worth $5.5 billion
National Post-- LNG trying to dock
CBC-- Shell moves closer to Kitimat LNG terminal
CBC-- Prince Rupert wants to be natural gas hub
CBC-- LNG to amp up northwest (audio)
Western Investor-- Prince in waiting
Northwest Coast Energy News-- Three new powerful players said to join the BC West Coast...
Alaska Arctic Malaysia oil and gas company picks Prince Rupert BC, for LNG site
Petroleum News-- Shell eyes Canadian LNG; to spend US$10B on world's biggest carrier

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