. Medical and Hospital News .




ENERGY TECH
Exxon seeks to export Canadian LNG
by Staff Writers
Victoria, British Columbia (UPI) Jun 21, 2013


ExxonMobil is seeking permission to export 30 million metric tons of liquefied natural gas annually from British Columbia in what is considered the biggest export scheme ever proposed for Canada's West Coast.

The company is looking into potential construction sites for a proposed LNG plant in the Kitimat and Prince Rupert areas that would process the equivalent of almost a third of Canada's current daily production, the Financial Post reported.

In its export application with Canada's National Energy Board Wednesday, Exxon said the project at first would produce 10 million to 15 million tons of LNG a year, beginning from 2021 to 2023.

Gas would be drawn from fields owned by Exxon and its Canadian subsidiary, Imperial Oil Ltd.

British energy company BG Group also this week filed an application with the NEB, to export as much as 21.6 million tons of LNG per year from a proposed terminal on Ridley Island near Prince Rupert, British Columbia.

The two proposals come amid a worldwide LNG boom in which the International Energy Agency says global trade in the liquid fuel is expected to increase 31 percent by 2018 from 2012, as new supplies come online.

B.C. Premier Christy Clark welcomed the news of the two LNG export applications.

"Once again we see companies wanting to take advantage of B.C.'s LNG potential and this move today highlights industry's continued interest in its potential," Clark said Thursday in a statement.

"These applications, if approved by the National Energy Board, show that we are on the verge of new economic opportunities with LNG," said Rich Coleman, Minister of Natural Gas Development.

The NEB has issued export licenses to three similar Western Canadian LNG projects: LNG Canada (Shell and co-venture partners); Kitimat LNG (Chevron Corp. and Apache) and the Douglas Channel Energy partnership.

But none of those projects have reached final investment decisions to begin construction, The Wall Street Journal reported.

Brian Youngberg, an analyst who follows Exxon at Edward Jones & Co. in St. Louis, said it was not likely all the projects would be built.

"Right now it's a race to get buyer agreements and permits. With some of the others probably a bit further along in the process, Exxon is playing catch-up here," Youngberg was quoted as saying by the Vancouver Sun.

Exxon's application did not disclose the cost for the project.

"We're a fair ways away from an investment decision," Imperial Oil representative Pius Rolheiser was quoted as saying by the Vancouver Sun. "We'll make that decision after we get government regulatory approvals and determine contracts and relationships with customers and suppliers and a variety of other factors."

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





ENERGY TECH
India pushes for energy security in Iraq meet
Baghdad (AFP) June 20, 2013
Indian Foreign Minister Salman Khurshid held talks with senior Iraqi officials on Thursday as New Delhi, Baghdad's biggest buyer of oil, pushes for greater energy security as it looks to ensure sustained economic growth. Khurshid met with his Iraqi counterpart Hoshyar Zebari and Prime Minister Nuri al-Maliki, and was due to speak to Deputy Prime Minister responsible for energy affairs Hussei ... read more


ENERGY TECH
WIN-T Increment 1 Enables National Guard to Restore Vital Network Communications Following a Disaster

Australia costs from natural disasters to soar: study

Satellite data will be essential to future of groundwater, flood and drought management

China work safety probe finds 'many' problems: official

ENERGY TECH
Faster, More Precise Airstrikes Within Reach

TMC Design to integrate Non-GPS Based Positioning System at White Sands Missile Range

Proba-V tracking aircraft in flight from orbit

SSTL completes delivery of first four Galileo FOC satellite payloads

ENERGY TECH
Stone Age technological and cultural innovation accelerated by climate

New language discovered in Australia gives development insights

Geographic context may have shaped sounds of different languages

Penn Research Indentifies Bone Tumor in 120,000-Year-Old Neandertal Rib

ENERGY TECH
New study shows predators affect the carbon cycle

Philippines first in Asia to destroy ivory tusks

S.Korean airlines ban shark fin as cargo

Philippines set to destroy ivory tusks

ENERGY TECH
Taiwan reports H6N1 bird flu case

Children suffer as Pakistan battles measles epidemic

Measles epidemic sweeps northern Syria: MSF

US program marks birth of one millionth HIV-free baby

ENERGY TECH
NYU denies Chen forced out over China tie-up

US lashes China, Russia for human trafficking

China arrests man who planned Tiananmen protest: wife

Activist says China pressured New York University

ENERGY TECH
New Moldova P.M. Leanca says country remains on pro-EU course

Global cybercrime ring targeted by Microsoft and FBI

Report: Belgian army sold helicopters to firm linked to trafficking

US feds 'kidnapped' suspected druglord: Guinea-Bissau

ENERGY TECH
Greek reshuffle sees Venizelos named foreign minister

German 2014 budget deficit set to be halved

China central bank urges lenders to beef up liquidity management

Walker's World: France's crisis looms




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement