Contributed by: ChrisDown, Partner, Norton Rose Fulbright
With the significant growth of North America as an LNG exporter, investors in the North American LNG industry need to find buyers for LNG – at the same time, power demand continues to grow in emerging markets and, post-COP21, gas-fired power generation
Interview with ScottMacLeod, Business Development Manager, OG&C, Bechtel Canada
Natural gas is abundant across Canada and with the global demand for natural gas expected to increase 46% by 2040, the Canadian natural gas industry has an opportunity to utilise its resource potential.
It is looking increasingly likely that as many as five US LNG export projects could reach final investment decision (FID) by this time next year, taking the total LNG production capacity under construction in the US to around 69 mtpa.
Canada’s determination to get LNG exports under way as quickly as possible has been highlighted in recent weeks by several new initiatives – not least a tour of Asia by the premier of the province British Columbia (BC), Christy Clark .
US LNG projects continue to pass crucial milestones at an impressive rate, with recent weeks seeing the signing of new sales contracts to markets in Europe, South America and Asia, another world-wide (non-FTA) export licence approval – this time for Jo
Velocys, one of the leading developers of small-scale gas-to-liquids (GTL) technology, has entered into a joint venture with three major US companies –Waste Management, NRG Energy, and Ventech – to develop GTL plants in the United States, Canada, the U