Community Resistance, Fossil Fuels, and a Decentralized Energy Future in the Resource Strategic Northwest
by Julien Deacroix – Re-posted from VMC
LNG on the West Coast….
At present, one of the major LNG processing terminal and shale gas pipeline undertakings in northern BC is the Kitimat LNG/Pacific Trails Pipeline project. KLNG/PTP was until very recently owned by a consortium including EOG Resources, Encana Corporation, and majority owner Apache Corporation. The scheme would aim for PTP to connect shale gas from the existing Spectra Energy transmission system near Summit Lake, BC, to its processing terminal in Kitimat on the west coast. From there, the LNG (Liquified Natural Gas) is to be loaded onto tankers via the dubious Douglas Channel, and bound for Asian markets.
In recent months and weeks, business news and analysis had been reporting that KLNG may have overplayed its hand, estimating itself too easily capable of securing contracts with lucrative Asian markets. Continue reading