New LNG Venture Emerges on Canada's West Coast

摘要

Proposed LNG terminals are popping up like springtime mushrooms on Canada's West Coast, the latest being an innovative joint venture between a Canadian company with gas pipeline assets on British Columbia's coastline and a Japanese oil refiner that wants to break into the LNG import business. Calgary-based AltaGas and Japan's Idemitsu Kosan — neither of which owns any gas fields in Western Canada — say they plan to export 2 million tons-per-year (270 million cubic feet per day) of LNG to Asia as early as 2017 after wrapping up a feasibility study later this year or early next year.