Posted on 06/15/2015 11:25:55 AM PDT by Hojczyk
TransCanada Corp said on Friday it expects to start construction this year on natural gas pipeline to British Columbia’s Pacific Coast worth at least C$5 billion ($4.1 billion) following a conditional go-ahead by a Petronas-led consortium for what could be Canada’s first LNG export terminal.
The Prince Rupert Gas Transmission line will connect the prolific Montney gas field near Fort St. John in northeastern British Columbia to the Pacific NorthWest LNG terminal, which is planned for Lelu Island
The conditional go-ahead for the liquefied natural gas terminal is a rare win for TransCanada, which has struggled in recent years to rally support for its crude oil pipeline projects, including the long-delayed Keystone XL line to move oil from Alberta to the U.S. Gulf Coast.
The Calgary-based pipeline company has bet big on Canada’s nascent LNG industry, with deals to build more than C$13 billion in natural gas pipelines to serve proposed export projects on the country’s West Coast.
Depressing thoughts about lost opportunities aside, you have to give them credit for taking on a project of this scale. Check out this Google map which shows a pin on Lelu Island. Then look to the East and slightly North until you cross the Rockies and get to Fort. St. John. If you hit the button in the bottom left of the screen marked “Earth” you’ll get a satellite view of the span they’re going to have to drive that pipeline across.
But once they finish it and get a processing center constructed on the island (which seems to have a very nice deep water bay) the world will essentially be their oyster. LNG and other products will eventually be able to go straight to tankers and across the globe to whoever is willing to pay them.
(Excerpt) Read more at hotair.com ...
Remember that Obama will stop any project that might help the US move forward. He couldnt care less if they ship oil to China, other than it won’t be coming to the US.
Cui Bono, Who Benefits? Soro’s? Buffet or both? Do they have their hand(s) in supply chain(s)? I’d love to know...
We really do not need the gas….but could have exported there gas at one of our ports
Thank your enviro friends for ensuring more oil spills and greenhouse gas emissions.
China spills more oil at its ports than we do, and Chinese refineries are filthy compared to ours.
at the rate obama is farting on america, someone should just hook up a pipeline to obama’s ass.
Well who didn’t see this coming. Blocking Keystone XL wasn’t going to keep that oil in the ground; it was going to go west instead of south.
So I hope the American environmentalists are proud of being played for “useful idiots” by the Chicoms, who orchestrated the blockage of Keystone XL for their own benefit a long time ago.
Use it, or lose it.
And once lost, a little tough getting the machinery recalibrated and restarted.
Petroleum and natural gas are going to be used as PRIMARY power sources until perhaps well into the 22nd century and beyond.
Unless, of course, the superstitions about using thorium-powered molten-salt nuclear reactors is somehow overcome and they gain wide acceptance.
Uranium-powered light-water nuclear reactors are yesterday’s technology, and are overdue to be phased out.
Hell, I miss Jimmy Carter. The Current Occupant is just that bad.
This is a natural gas pipeline and terminal, not crude oil.
It is not related to the Keystone XL pipeline.
Who can blame them ?
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