Rapid Gains in Canadian Natural Gas

By Admin
As the billion dollar Pacific Trail Pipelines expansion project gets the official approval, the Canadian natural gas sector is set to boom. The projec...

 

As the billion dollar Pacific Trail Pipelines expansion project gets the official approval, the Canadian natural gas sector is set to boom.

The project will transport natural gas from Northeast British Columbia to the coast at Kitimat for export overseas. Last month, the project's scope increased in size from 36 inches to 42 inches, or about 36 percent in overall capacity.

SEE OTHER TOP STORIES IN THE ENERGY DIGITAL CONTENT NETWORK

TransCanada is Back, Offers Alternative Route

Iran Plans New Oil Export Terminal

Read more in May's issue of Energy Digital: The Military Edition

The official approval document from BC Environmental Assessment Office noted that the capacity increase “does not hold the potential for any significant adverse effects.” The $4.5 billion plus natural gas (LNG) terminal will be able to produce five million tonnes of LNG annually, but could potentially expand to as much as ten million tonnes per year.

In BC, natural gas is picking up as well. Royal Dutch Shell publicly announced plans for a 12 million tonne a year LNG plant on the coast, making the company and its partners the leading LNG developer in Canada in terms of size.

"We are sitting on the door-step of a very fast-growing market that actually wants to come to Canada because they see it as long-term stability and a secure source of supply," said Shell Canada President Lorraine Mitchelmore. "We are now, for the first time in the natural gas industry, very competitive with other countries like Australia."

 

DOWNLOAD THE ENERGY DIGITAL IPAD APP

 

 

Share

Featured Articles

Alfa Laval to supply world’s largest green hydrogen plant

The facility is being built in NEOM, the US$500bn futuristic city being developed in Saudi Arabia

COP27 agrees to climate compensation fund

The deal is said to be a historic first in acknowledging the vast inequities of the climate crisis

North America's natural gas can help mitigate energy crisis

In the effort towards decarbonisation, North America could be a key player in providing affordable natural gas, addressing energy security issues

COP27: Egypt and Norway to build 100MW green hydrogen plant

Renewable Energy

Renewable energy company Masdar opens office in Saudi Arabia

Renewable Energy

Ørsted closes US$140m transaction with ECP for US portfolio

Renewable Energy