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/regasification/10052016/commercialisation-of-canadian-lng-project-suspended-2415/
You might also like
Woodside and PETRONAS eye long-term LNG supply
Woodside Energy and PETRONAS, through its subsidiary PETRONAS LNG Ltd, have signed a non-binding heads of agreement for the supply of 1 million tpy of LNG to Malaysia from 2028 for a period of 15 years.