Natural gas in Canada

Cryopeak LNG Solutions Announces New LNG Production Facility in Fort Nelson, BC now in Operation

Retrieved on: 
Monday, June 7, 2021

RICHMOND, B.C., June 7, 2021 /PRNewswire/ -- Cryopeak LNG Solutions Corporation ("Cryopeak"), a Richmond, BC based company, has announced the commencement of operations at its new liquefied natural gas ("LNG") Production Facility in Fort Nelson, BC.

Key Points: 
  • RICHMOND, B.C., June 7, 2021 /PRNewswire/ -- Cryopeak LNG Solutions Corporation ("Cryopeak"), a Richmond, BC based company, has announced the commencement of operations at its new liquefied natural gas ("LNG") Production Facility in Fort Nelson, BC.
  • Cryopeak LNG Solutions Announces New LNG Production Facility in Fort Nelson, BC now in Operation
    Cryopeak's new facility is the most Northern LNG production plant in Canada.
  • The strategic location in Fort Nelson places the facility as close as possible to end use consumers.
  • The Fort Nelson community has supported Cryopeak throughout the construction of the LNG facility as well as our nearby new transportation and logistics terminal in Fort Nelson.

KOMAX Desuperheaters Generating the Energy of the Future

Retrieved on: 
Tuesday, December 15, 2020

HUNTINGTON BEACH, Calif., Dec. 15, 2020 /PRNewswire/ --Komax Systems, Inc., has created a desuperheater that works for both gas and steam applications and is helping harness the energy of the future, liquified natural gas (LNG).

Key Points: 
  • HUNTINGTON BEACH, Calif., Dec. 15, 2020 /PRNewswire/ --Komax Systems, Inc., has created a desuperheater that works for both gas and steam applications and is helping harness the energy of the future, liquified natural gas (LNG).
  • Liquified natural gas (LNG) is considered to be the energy source of the future.
  • LNG plants and LNG terminals are finding that Komax desuperheaters are helping them operate at lower costs.
  • Komax will continue to innovate solutions that will keep the LNG industry moving forward and generating the energy of the future.

Growing Canada's liquefied natural gas industry will create jobs and boost economy for decades

Retrieved on: 
Monday, July 27, 2020

VANCOUVER, BC, July 27, 2020 /CNW/ -A new Conference Board of Canada Report estimates that growing the liquefied natural gas (LNG) industry in British Columbia could create 96,550 new jobs, boost total wages in Canada by over $6 billion, and increase Canada's Gross Domestic Product (GDP) by $11 billion every year.

Key Points: 
  • VANCOUVER, BC, July 27, 2020 /CNW/ -A new Conference Board of Canada Report estimates that growing the liquefied natural gas (LNG) industry in British Columbia could create 96,550 new jobs, boost total wages in Canada by over $6 billion, and increase Canada's Gross Domestic Product (GDP) by $11 billion every year.
  • "Canada's LNG industry holds potential economic benefits for Canada," said Roger Francis, Director of Sustainability at The Conference Board of Canada.
  • 's liquefied natural gas industry , examines the potential economic impacts of growing Canada's LNG industry to 56million tonnes per annum (MTPA) by 2034 with the investment in infrastructure, additional LNG projects and the expansion of the $40 billion Phase 1 LNG Canada project in Kitimat, B.C.
  • Quebec, an additional 2,600 jobs, Manitoba more than 1,000 jobs, and Saskatchewan more than 800 new jobs each year.

NextDecade Reducing CO2e Emissions by Optimizing Rio Grande LNG Project

Retrieved on: 
Tuesday, July 14, 2020

NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced the Company is optimizing its Rio Grande LNG project (RGLNG).

Key Points: 
  • NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced the Company is optimizing its Rio Grande LNG project (RGLNG).
  • Multiple optimizations have been identified that will lead to the delivery of a world-class LNG project capable of producing 27 mtpa with just five LNG trains instead of six.
  • NextDecade is a liquefied natural gas (LNG) development company focused on LNG export projects.
  • Its portfolio of LNG projects includes the 27 mtpa Rio Grande LNG export facility in the Port of Brownsville, Texas.

Global Small Scale LNG Market Outlook to 2027 - Key Drivers, Restraints, Opportunities and Threats - ResearchAndMarkets.com

Retrieved on: 
Monday, June 29, 2020

The "Small Scale LNG - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Small Scale LNG - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Small Scale LNG market accounted for $2.27 billion in 2019 and is expected to reach $3.14 billion by 2027 growing at a CAGR of 4.1% during the forecast period.
  • However, incomplete LNG receiving terminal infrastructure in APAC is hampering market growth.
  • Small-scale LNG is altogether the LNG transportation from liquefaction terminal to regasification terminals all the way through tankers, and trucks.

Small-Scale LNG Market by Type, Application, and Region - Global Forecast to 2025

Retrieved on: 
Tuesday, June 23, 2020

The small-scale LNG market size is estimated to be USD 2.3 billion in 2020 and is projected to reach USD 2.6 billion by 2025, at a CAGR of 2.6%.

Key Points: 
  • The small-scale LNG market size is estimated to be USD 2.3 billion in 2020 and is projected to reach USD 2.6 billion by 2025, at a CAGR of 2.6%.
  • It is driven by various factors, such as increasing demand for small-scale LNG from heavy-duty vehicles, marine transport, and industrial & power applications.
  • The growth of these industries is expected to further propel the growth of the market during the forecast period.
  • The small-scale LNG market has been segmented on the basis of type as liquefaction and regasification.

Venture Global Announces Arrival of First Liquefaction Equipment at Calcasieu Pass LNG Export Facility

Retrieved on: 
Friday, June 19, 2020

ARLINGTON, Virginia, June 19, 2020 /PRNewswire/ --Venture Global LNG, Inc. is proud to announce that Calcasieu Pass LNG has begun installing the first equipment to liquefy natural gas at its export facility under construction in Cameron Parish, Louisiana.Yesterday, the company received and began setting in place two Chart Industries, Inc. (GTLS) brazed aluminum heat exchangers, also known as cold boxes, which are the first of eighteen cold boxes that will be part of the Calcasieu Pass LNG liquefaction process system.

Key Points: 
  • ARLINGTON, Virginia, June 19, 2020 /PRNewswire/ --Venture Global LNG, Inc. is proud to announce that Calcasieu Pass LNG has begun installing the first equipment to liquefy natural gas at its export facility under construction in Cameron Parish, Louisiana.Yesterday, the company received and began setting in place two Chart Industries, Inc. (GTLS) brazed aluminum heat exchangers, also known as cold boxes, which are the first of eighteen cold boxes that will be part of the Calcasieu Pass LNG liquefaction process system.
  • Venture Global LNG is a long-term, low-cost provider of LNG to be supplied from resource rich North American natural gas basins and is currently constructing or developing 50 MTPA of production capacity in Louisiana.
  • The 10 MTPA Venture Global Calcasieu Pass facility is under construction at the intersection of the Calcasieu Ship Channel and the Gulf of Mexico.
  • The 20 MTPA Venture Global Plaquemines LNG facility is expected to commence construction this year and is located south of New Orleans on the Mississippi River.Venture Global LNG is also developing the 20 MTPA Venture Global Delta LNG facility, adjacent to Plaquemines.

Global Small-Scale LNG Market (2020 to 2025) - Integration of New Technology Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 17, 2020

The small-scale LNG market size is estimated to be USD 2.3 billion in 2020 and is projected to reach USD 2.6 billion by 2025, at a CAGR of 2.6%.

Key Points: 
  • The small-scale LNG market size is estimated to be USD 2.3 billion in 2020 and is projected to reach USD 2.6 billion by 2025, at a CAGR of 2.6%.
  • It is driven by various factors, such as increasing demand for small-scale LNG from heavy-duty vehicles, marine transport, and industrial & power applications.
  • The growth of these industries is expected to further propel the growth of the market during the forecast period.
  • The small-scale LNG market has been segmented on the basis of type as liquefaction and regasification.

Canadian LNG Alliance launches to highlight LNG opportunity for all Canadians

Retrieved on: 
Monday, June 15, 2020

VANCOUVER, BC, June 15, 2020 /CNW/ -Today, the BC LNG Alliance became the Canadian LNG Alliance (Canadian LNGA) to reflect the critical role liquefied natural gas (LNG) has to play in Canada's COVID-19 economic recovery, economic reconciliation with Indigenous communities and Canada's clean energy transition.

Key Points: 
  • VANCOUVER, BC, June 15, 2020 /CNW/ -Today, the BC LNG Alliance became the Canadian LNG Alliance (Canadian LNGA) to reflect the critical role liquefied natural gas (LNG) has to play in Canada's COVID-19 economic recovery, economic reconciliation with Indigenous communities and Canada's clean energy transition.
  • The Canadian LNGA is committed to building an inclusive and positive dialogue around Canada's role and opportunity for leadership in the world's energy future.
  • Canadian LNG Alliance membership includes LNG Canada, Kitimat LNG (Chevron Canada), Woodside Energy, Woodfibre LNG, ExxonMobil, FortisBC, AltaGas and Enbridge.
  • Canadian LNG Alliance members are committed to building a safe, environmentally responsible, and inclusive LNG industry for Canadians.

Glenfarne Group Expands Its Commitment to LNG Sector With Acquisition of Magnolia LNG

Retrieved on: 
Tuesday, June 9, 2020

Glenfarne Group, LLC ("Glenfarne"), a developer, owner-operator and industrial manager of energy and infrastructure assets, announced today it has completed the acquisition of Magnolia LNG (the Transaction), an LNG export terminal development project in Louisiana, USA, through Glenfarnes newly formed subsidiary Magnolia LNG Holdings, LLC.

Key Points: 
  • Glenfarne Group, LLC ("Glenfarne"), a developer, owner-operator and industrial manager of energy and infrastructure assets, announced today it has completed the acquisition of Magnolia LNG (the Transaction), an LNG export terminal development project in Louisiana, USA, through Glenfarnes newly formed subsidiary Magnolia LNG Holdings, LLC.
  • Magnolia LNG is an 8 million tonnes per annum (mtpa) LNG export business that has completed the Federal Energy Regulatory Commission (FERC ) permitting process.
  • Magnolia LNG is permitted to receive natural gas through the existing Kinder Morgan Louisiana Pipeline, and will pretreat, liquefy and store the LNG onsite for domestic use and export.
  • Magnolia LNG was previously owned by Liquefied Natural Gas Ltd. (ASX:LNG), which is currently completing a corporate restructuring.