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Oct 25, 2024 · October 25, 2024 at 7:30AM EDT. Watch BNN Bloomberg live. CALGARY — Natural gas producers in Western Canada have white-knuckled it through months of depressed prices, with the expectation that their fortunes will improve when LNG Canada comes online in the middle of next year. But the supply glut plaguing the industry this fall is so large ...
Sep 12, 2024 · LNG Canada 2024 Fall Update. Watch on. I’m pleased to present our latest progress report from the LNG Canada site in Kitimat, British Columbia, in the traditional territory of the Haisla Nation. Construction activities are now more than 95% complete overall, and we remain on track to deliver first cargoes by the middle of 2025.
4 days ago · The blow from dismal natural gas prices has been softened by the steady returns for the byproducts of drilling, including natural gas liquids and condensate, but a feeling is emerging that sweet relief is on the way with the upcoming startup of the LNG Canada export facility in Kitimat, B.C. LNG Canada will boost exports of natural gas from ...
Oct 25, 2024 · LNG Canada is expected to process up to 2 billion cubic feet (Bcf) of natural gas per day once it reaches full operations. That represents what will be a significant drawdown of the existing ...
Mar 7, 2024 · Launching an Entirely New Canadian Industry. After years of careful planning, robust community engagement and safe construction, the first phase of the LNG Canada liquified natural gas export facility is nearing completion in Kitimat, in the traditional territory of the Haisla Nation. With construction work almost complete, our commissioning ...
Oct 25, 2024 · In the past week, AECO spot prices have hovered between $1.20 and $1.60 per gigajoule, a significant improvement over last month's bottom-barrel prices but still well below the 2023 average price ...
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May 8, 2023 · LNG gateways to Asia. ARC Resources (TSX:ARX) is another Canadian gas producer that could benefit from the LNG boom. It is Canada’s third-biggest gas producer, with 900 million barrels of oil ...
