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Another Kitimat LNG export licence approved

The maximum amount annually will be 1.8 million tonnes of LNG, equal to approximately 2.5 billion m³ of natural gas. BC LNG's proposal was based around a co-operative of natural gas producers, marketers and LNG buyers, in which members will submit bids to liquefy natural gas or purchase LNG. There are currently 13 parties involved, with additional members possible. The Energy...

Kitimat plant raises greenhouse gas concerns

Coleman said despite the claims, the government is looking to minimize the potential harm, but the development of the natural gas industry in northern B.C. is a generational opportunity that comes with some environmental concerns. Simon Fraser University climate scientist Mark Jaccard, a supporter of the Liberal Government’s climate-change fighting agenda, told the CBC the current Liberal Government must tell...

MLA Pat Pimm's look back at 2011

We saw the governing and Opposition parties change their Leaders; we saw a referendum on HST get defeated after the Government had already put it into law; we saw lots of new legislation put in place including a new Family Law act; we saw a new BC Conservative Party emerge and elect a new leader; we saw our new...

Energy & Mines Minister on what's ahead in 2012

The past year was a challenging one globally. Here in BC, our government is working hard to ensure we all benefit from a strong economy. Our review of BC Hydro resulted in reduced electricity rates - a 50 per cent reduction over the next three years. BC Hydro is committed to keeping electricity rates affordable for B.C. families and businesses, while continuing to invest in...

Fort Nelson LNG Plant possible solution for Yukon mine

It was found that the best alternative to an LNG supply chain is to build a facility in Fort Nelson. The LNG will then be trucked to the Yukon. The mining project is currently in the process of initial engineering activities, and feasibility studies are expected to start in early 2012. The proposed mine will be located in west central...

BC needs wind energy to meet its greenhouse gas reduction targets, report finds

The report, conducted by the Pembina Institute, looks at the demand for new electricity that will be required to power the literally hundreds of oil and gas, mining and other industrial projects proposed in northern British Columbia, and the reduction in GHG that can be achieved if those projects are powered by wind energy rather than by fossil fuels....

BC needs wind energy to meet its greenhouse gas reduction targets, report finds

The report, conducted by the Pembina Institute, looks at the demand for new electricity that will be required to power the literally hundreds of oil and gas, mining and other industrial projects proposed in northern British Columbia, and the reduction in GHG that can be achieved if those projects are powered by wind energy rather than by fossil fuels....

NDP calls for stronger environmental protections

"The projected growth of fracking means we must strengthen public accountability and ensure that water resources and other environmental values are not ignored. It is time for the Liberals to act." He and NDP environment critic Rob Fleming introduced the NDP's proposals to maintain sustainability in the natural gas industry. The first suggestion is to appoint an expert panel to...

Nexen to sell large share of its natural gas production in BC to Japanese firm

The company announced today it will sell 40 per cent of its shale gas assets in the region to a group led by Inpex Corporation, a Japanese oil and gas company. The deal is expected to be finalized in the first quarter of 2012. Nexen will remain the operator of the shale gas fields in the Horn River, Cordova and...

Nexen to sell large share of its natural gas production to Japanese firm

The company announced today it will sell 40 per cent of its shale gas assets in the region to a group led by Inpex Corporation, a Japanese oil and gas company. The deal is expected to be finalized in the first quarter of 2012. Nexen will remain the operator of the shale gas fields in the Horn River, Cordova and...

Vancouver Sun article argues new mines will cost millions

The government’s job strategy, which calls for the development of new mines and LNG facilities, takes into account the large amount of energy required to power these mines and facilities, as well as the results it will have on B.C. Hydro customers. Commentators are questioning whether B.C. Hydro will be able to supply such new and large requirements of electricity....

Shell buys potential LNG plant site in Kitimat

Shell is now exploring the potential of turning it into an LNG site for shipment to Asia.. This is now the third proposal for an LNG plant in Kitimat, and is the biggest plan to date. KM LNG already has a license to ship LNG to Asia, and has begun building a plant at Bish Cove, 15 kilometres south of...

Kitimat Liquefied Natural Gas receives international export licence

On Thursday, Oct. 13, the National Energy Board approved an application by the KM LNG (Liquefied Natural Gas) Operating General Partnership for a licence to export LNG from Kitimat B.C. to markets located in the Asia Pacific Region. The new licence allows KM LNG to export 200 million tonnes of liquefied natural gas over a 20 year period, with the...

Canadian natural gas supply expected to decline despite growth in BC

The board cites declining production in Alberta’s conventional gas fields – production in that province is projected to decline to eight billion cubic feet per day by 2015 from 12 billion in 2006 – as the reason for the projected decline in Canadian supply. Though production in British Columbia is expected to rise to four billion cubic feet by...

Kitimat to get LNG plant by 2015

She says the ability to export our natural gas will instantly increase economic prosperity and create jobs. The first step for the government will be to decrease the lengthy permitting process as well as improve the process for realising large-scale production facilities. The Kitimat LNG facility would be fed from the Western Sedimentary Basin through the proposed Pacific Trail Pipeline. Gas...

BC Oil and Gas Conference kicks off in Fort Nelson

The BC Oil and Gas Conference in Fort Nelson kicked off wednesday night with a keynote speech from well-known commentator Rex Murphy. Murphy was in Fort Nelson and spoke to conference delegates about the importance of the energy industry to the greater picture of the North American and world economies, while entertaining the audience with his unique mix of...
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