Commercialisation of Canadian LNG project suspended
Published by David Rowlands,
Editor
LNG Industry,
According to Reuters, Idemitsu Kosan Co. – a Japanese oil refiner – has claimed that its joint venture (JV) project with AltaGas would suspend the commercialisation of a Canadian LNG project.
Reuters claims that both parties were undertaking a feasibility study, examining the possibility of exporting LNG cargoes to Asia.
Reportedly, commercialisation has been suspended due to the current low prices of energy.
Edited from various sources by David Rowlands
Read the article online at: https://www.lngindustry.com/liquefaction/10052016/commercialisation-of-canadian-lng-project-suspended-2415/
You might also like
EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects
The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.