Bear Head Energy Inc. has received environmental assessment approval to move forward with a green hydrogen and ammonia production, storage and loading facility in Point Tupper, Nova Scotia, formerly an LNG export facility. The project was given the green light by provincial Minister Timothy Halman of the Nova Scotia Environment and Climate Change. “Following a…
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Buckeye Rouses Canada’s Bear Head LNG From Hibernation
Houston-based Buckeye Partners LP on Thursday unveiled definitive plans to acquire – and revive – an inactive liquefied natural gas (LNG) project on Canada’s Atlantic coast, Bear Head LNG. “This acquisition demonstrates Buckeye’s focus on being an integral part of the next phase of the global energy evolution,” said Buckeye CEO Todd Russo. Buckeye’s Bear…
NGI The Weekly Gas Market Report
Magnolia LNG Developer Mulling Buyout by Singapore Firm
Citing “intense” competition in the race to export liquefied natural gas (LNG) and an urgent need to secure liquidity, Australia-based LNG Ltd. (LNGL) is considering a takeover offer from a private Singapore-based firm that would include two proposed projects for the Gulf Coast and Canada.
Proposed Natural Gas Pipeline to Canada’s East Coast Must Overcome Long Odds, Skeptics Say
Bear Head LNG is proposing a 1,600-kilometer (1,000-mile) pipeline to bring Western Canadian natural gas to the Maritimes for transformation into liquefied natural gas (LNG) that would make the short ocean hop to European markets. Management is optimistic about the project, but some experts question whether it is feasible, considering the outlook for natural gas prices.