Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



LNG Canada expansion to be decided by 2025

Royal Dutch Shell and its partners building a massive liquefied natural gas (LNG) export terminal in Western Canada will decide by 2025 whether to double its capacity, the head of the project said.

The $31 billion LNG Canada project last October became the first major project in five years to be approved, with first exports of the super-chilled fuel planned for 2025.

Andy Calitz, LNG Canada chief executive officer, said a final investment decision (FID) on phase 2 will happen before the plant’s initial production starts.

 

“We want to take FID on phase 2 before LNG flows from phase 1. (The partners) want to have some insight overall on the project before FID,” Calitz told Reuters in an interview at the CERAWeek conference by IHS Markit.

Since LNG Canada was approved, LNG projects were approved in the U.S. Gulf Coast and off the coast of Mauritania and Senegal as producers expect a sharp rise in gas demand, particularly in Asia.

Shell’s partners are Malaysia’s Petroliam Nasional Bhd (Petronas), PetroChina Co Ltd, Korea Gas Corp (KOGAS) and Japan’s Mitsubishi Corp.

Reporting by Ron Bousso; Editing by Marguerita Choy

 


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
This year could be the largest ever for LNG export project final investment decisions (FIDs).
EWAnalysis: Impact of technology on gas transmission management—Part 2
-Bob Andrew
This article is the second in our “Impact of Technology” series; the first was “Impact of technology in gas processing plants—Part 1,” which appeared in the October/November 2018 issue of Gas Processing & LNG.


GasPro 2.0: A Webcast Symposium

View On-Demand

The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.

During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.

October 25, 2018 08:30 AM CDT

View On-Demand

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2019 Gulf Publishing Holdings LLC.