A race to expand B.C. natural gas pipelines and infrastructure is on, signalling two possible outcomes: the death of our homegrown liquefied natural gas (LNG) export dream, and the dawn of the most ironic resource boom in provincial history.
Consider that B.C. natural gas is finally going to be exported overseas by LNG tanker — not from Pacific tidewater, but through Cheniere‘s new Sabine River LNG export terminal on the Gulf coast near Louisiana. In February 2017, Bloomberg reported Cheniere had entered into a supply deal that would see gas from the Montney shale formation [which (Read more…) B.C. and Alberta] shipped from the facility.
“This is a great potential outlet [for Canada],” Madeline Jowdy, Pira Energy Group’s Senior Director of Global Gas and LNG, told Bloomberg of the Cheniere LNG deal. She added that B.C. LNG projects “look like they are going to be a long time coming, if ever, in my opinion.”