Skip to main content

Commercialisation of Canadian LNG project suspended

Published by , 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/liquid-natural-gas/10052016/commercialisation-of-canadian-lng-project-suspended-2415/

You might also like

Barossa LNG FPSO arrives in field

Santos has announced the arrival of the BW Opal FPSO vessel at the Barossa gas field approximately 285 km north of Darwin.

 
 

Embed article link: (copy the HTML code below):