Aurora LNG to evaluate Digby Island site
Aurora LNG, one of British Columbia's natural gas export proposals, will move forward with site evaluation work for a potential LNG project at Digby Island.
At Aurora LNG's request, B.C. has agreed to transfer the sole proponent agreement (SPA) from the northern portion of Grassy Point to Digby Island, which the company has identified as more suitable site for an export facility.
Under the pre-existing SPA with Aurora LNG, the Province has collected two non-refundable payments totalling CAN$ 18 million.
Aurora LNG is joint venture between Nexen Energy ULC (a CNOOC Limited company), INPEX Corporation and JGC Exploration Canada Ltd.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquefaction/26112014/aurora-lng-evaluates-development-site-1855/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.