The governments and the Shell-led joint venture behind the major export facility for liquefied natural gas agreed on “enhanced investment co-operation and actions to collectively progress closure of final items” before a massive expansion goes ahead. LNG Canada will spend hundreds of millions of dollars to keep the plans on track, a joint announcement of the agreement said. (The Logic)
Talking point: The terminal in Kitimat, B.C., exported its first shipload of gas last June after a $40-billion construction effort. Fed by the Coastal GasLink pipeline across northern B.C., an expansion is anticipated to double its capacity. It topped the list of Prime Minister Mark Carney’s first referrals to the new Major Projects Office last September. LNG Canada hasn’t yet made a final decision on whether to proceed, but the announcement said the company could make the call by the end of the year.
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