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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: johnlw who wrote (175787)	1/27/2013 11:48:37 AM
From: Dennis Roth	3 Recommendations Read Replies (2) \| Respond to of 206367

Kitimat LNG Gets Federal OK Thursday January 24, 2013 shipandbunker.com The Canadian government has announced it has cleared the way for the construction of the Kitimat LNG (KLNG) liquefied natural gas (LNG) export plant on the Haisla First Nation's Bees Indian Reserve. "The Kitimat LNG facility will create well-paying jobs in British Columbia, while giving Canadian energy producers access to important overseas markets," said the Honourable John Duncan, Minister of Aboriginal Affairs and Northern Development. The plant, one of three proposed LNG export facilities at Kitimat, is backed by Apache Canada Ltd. and Chevron Canada Ltd and is being constructed on Haisla Nation reserve land at Bish Cove, approximately 650 kilometres (400 miles) north of Vancouver. The plant will use gas from northeast British Columbia, which will be delivered to the coast by pipeline and then exported to Asia and other markets. It has a licence to export 10 million tonnes of LNG per year. The project got a boost last month when Chevron Corp. announced that its Canadian subsidiary, Chevron Canada Ltd., would acquire 50 percent interest in it, providing the backing of an experienced global LNG player. If everything moves forward smoothly, the first LNG shipments from Kitmat could take place in 2018 or 2019, while full capacity will probably take until next decade, according to the investment news site Seeking Alpha. ==== Keystone XL North: TransCanada's Controversial Shale Gas Export Pipeline Plan Posted: 01/25/2013 8:25 pm huffingtonpost.com North America's Shale Gas Industry's Keystone XL North of the border, TransCanada is proposing another export pipeline for the shale gas industry. Dubbed the Prince Rupert Gas Transmission project, the $5.1 billion project will carry gas obtained via the controversial fracking process from the Montney Shale basin westward to the coast of British Columbia. From there, the gas will be exported in the form of liquefied natural gas (LNG) to Asia starting in 2018. "Gas producers in British Columbia’s Montney Shale, far from North American population centers, are seeking Asian markets for the heating and power-plant fuel," the Houston Chronicle's "Fuel Flex" explained. ==== So now if you want to fight a Canadian export pipeline project you relabel it Keystone XL (North, South, East, whatever.)