Petronas LNG Go-Ahead Seen as a Good Sign for Other West Coast Projects: Experts

By Krugel, Lauren | The Canadian Press, June 12, 2015 | Go to article overview

Petronas LNG Go-Ahead Seen as a Good Sign for Other West Coast Projects: Experts


Krugel, Lauren, The Canadian Press


Petronas LNG go-ahead seen as an good sign

--

CALGARY - A tentative green light for a multibillion-dollar liquefied natural gas project in British Columbia sets the stage for other players to follow suit, say energy industry experts.

Pacific NorthWest LNG "breaks some ground" for its peers by being the first B.C. LNG player to officially decide to go ahead, said ARC Financial vice-president Jackie Forrest.

"I view this as a good thing for the industry as a whole," she said.

"The first project is often the most difficult one. Just establishing that we can get a project up and running and what it costs and potentially build some of the infrastructure -- that will help others."

Pacific NorthWest LNG, led by Malaysia's Petronas, aims to invest some $36 billion to develop shale gas in northeastern British Columbia, ship it to the coast by pipeline, chill the gas into a liquid state and export it across the Pacific by tanker.

The consortium said Thursday it has determined the business case for moving forward is sound.

But its positive final investment decision hinges on an agreement with the B.C. government passing in the provincial legislature and Ottawa issuing an environmental approval.

"What we would hope for is that we could have construction commencing by the fourth quarter of 2015 and move the project forward from there," said Pacific NorthWest president Michael Culbert.

Construction would take around four or five years, meaning first cargoes of LNG would depart from the proposed terminal near Prince Rupert, B.C., around 2019 or 2020.

Bill Gwozd, senior vice-president at consulting firm Solomon Associates, agreed the Pacific NorthWest move sends an encouraging signal. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Petronas LNG Go-Ahead Seen as a Good Sign for Other West Coast Projects: Experts
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.