Cryopeak LNG Solutions Corp. has started work on what it said would be the closest liquefied natural gas (LNG) production facility to both Northern Canada and parts of Alaska.
Nelson
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NGI The Weekly Gas Market Report
Cryopeak Building Out Small-Scale LNG Distribution Hub in Northern Canada
Cryopeak LNG Solutions Corp. has started work on what it said would be the closest liquefied natural gas (LNG) production facility to both Northern Canada and parts of Alaska.
Industry Briefs
Enbridge Inc. has acquired another 13.3% stake in the Cabin Gas Plant development east of Fort Nelson, BC, which would give it a 71% stake in the project intended to serve growing natural gas output from the Horn River Basin. In October Enbridge paid Encana Corp., the project’s operator, C$220 million to acquire a 57.7% majority stake in the Cabin project. Details of the latest acquisition weren’t disclosed but Enbridge said the transaction was “on the same terms” as the one with Encana. The plant, which has been sanctioned by producers and received regulatory approval, is under construction and expected to be in-service in late 2012. Phase 1 is to have 400 MMcf/d of processing capacity. Phase 2, expected to be ready for service in the second half of 2014, would add an additional 400 MMcf/d of capacity.
Enbridge Takes Bigger Stake in BC Gas Plant
Enbridge Inc. on Thursday acquired another 13.3% stake in the Cabin Gas Plant development east of Fort Nelson, BC, which would give it a 71% stake in the project intended to serve growing natural gas output from the Horn River Basin.
Transportation Notes
Westcoast reported completing repairs to the #10 sulfur train at its Fort Nelson Gas Plant and lifted the associated 5% Firm H2S (hydrogen sulfide) Overproduction Charge constraint at the start of Thursday’s gas day.