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.
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
Freeport LNG– one of numerous projects proposed for LNG exports from the United States – expects to reach a final investment decision (FID) in the fourth quarter of this year, according to CEO Michael Smith.
Petrobras, Brazil’s national oil and gas company, has started up the nation’s third LNG import terminal, taking combined regasification capacity to 41 MMcm/d – almost one-and-a-half times Brazil’s capacity to import pipeline gas from Bolivia.
With British Columbia’s provincial government having promised to settle the fiscal framework for the nascent LNG industry this autumn – and by the end of November at the latest – Canada’s LNG projects, most of which would be located in BC, are entering