B.C. gets a north coast export project — with pipeline

Twin_Moose

Hall of Fame Member
Apr 17, 2017
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Twin Moose Creek
Where do we ship NG it to at this very moment.
North America would need to run a pipe to China to supply the NG they could use. The Bering Straight would be the route taken and there are no suggestions on the table that promote that. China and other parts of the world have cheaper and more reliable sources of the same products Canada can export. If Saudi has turned the taps down for it's exports of NG that shows there is already a glut and since big oil is one company the only thing going on is they are trying to keep all facilities running at 60% rather than closing some and running a few at 90% which is what they were designed to do.
Does Canada import natural gas?
Canadian natural gas supply currently exceeds domestic consumption. Canada's natural gas markets are heavily integrated with those of the United States and Canada exports its surplus natural gas to the U.S. while importing smaller amounts from the U.S. into Central Canada in return.Jul 25, 2018
NEB - Natural Gas
https://www.neb-one.gc.ca/nrg/sttstc/ntrlgs/index-eng.html
It looks like we have 1 customer and they have contracts in place that allows them to turn off taps that serve Canadians if they declare an emergency that says they need NG. That is about as far over the barrel as you can be put IMO.
You need a new customer in order to justify a port. If building a line is just to build a line it should be from AB to NB and ship it to the UK as they are the most hated nation in the EU.

Do you have a problem with the LNG plants they are setting up on the East Coast, and the pipelines are in place from West to East and South to North

6 East Coast Export Terminals
Goldboro LNG
(Nova Scotia)
20 Years
10 Mtpa – 1.4 Bcf/d
$8.3
Bear Head LNG
(Nova Scotia)
25 Years
12 Mtpa – 1.6 Bcf/d
$2-$8
A C LNG
(Nova Scotia)
25 Years
15 Mtpa – 2.1 Bcf/d
$3
Energie Saguenay (Quebec)
25 Years
11 Mtpa – 1.6 Bcf/d
$7
Stolt LNGaz (Quebec)
25 Years
0.5 Mtpa – 0.7 Bcf/d
$0.6
TUGLIQ Gaz Naturel Quubec Inc. (Quebec)
Applying
0.8 Mtpa – 0.1 Bcf/d
 

MHz

Time Out
Mar 16, 2007
41,030
43
48
Red Deer AB
Not at all, my posts were about importing oil from other nations to support their bottom line at the expense of Canadians that don't live in the east. The price Canadians get for oil is already below 'the norm' so I see no reason that trend will change when NG is the commodity.

Same as the US importing coal from other countries, it helps their bottom line and keeps some towns operation like a good company town does. The amount it makes for the owners is whatever the employees spend a month to live. On a month to month survival rate much to the glee of the elites that are also capitalists. You know the one where the 'owners' get everything and the employees are given the worst conditions possible.

Your link didn't specify who the customers were, the link I found said the US was our only customer, which seems a bit odd.

Something like this old story.
https://www.theglobeandmail.com/rep...lng-inks-asian-sales-contract/article7563307/


If we ship NG to the US and the US exports NG how is it the US is not selling the gas we send them. Like Quebec buys poser from NFLD and jacks the rate before they sell it to the US. You know, one of the many 'money for nothing' things that is a mainstay of a capitalist society.

http://www.lngexports.com/#/?section=why-export-lng
The United States is now the leading natural gas producer in the world. We have an abundant supply of this clean, affordable and reliable resource that will let us power our nation for generations to come. Just a few years ago the U.S. was expected to be a major importer of natural gas. The shale revolution has virtually eliminated our need for gas imports, and we have begun to export some of our gas. The first shipment of U.S. LNG from the lower 48 states left in February 2016 and since then the U.S. has shipped LNG to Europe, Asia and South America. Our abundant supply means that the U.S. does not have to import significant amounts of LNG for domestic use, creating greater certainty of supply and putting downward pressure on prices around the world.
(in part)
The chart below sees CND exports being about the same any increase if by US efforts. If the shale flops the black-line would be the US line and the increase would come from Canadian NG that is simply marketed as a US product







The profits saved would go to 'big gas'.


 
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MHz

Time Out
Mar 16, 2007
41,030
43
48
Red Deer AB
Whiteman's greed would top that by 10/1 at least. How many 'too good to be true' plans are 'too good to be true'? We get headlines, Russia is building things at a record pace. This the 'circle the wagons' time cause the buffalo herd ran off over the horizon.
https://sputniknews.com/analysis/201810091068737791-putin-dark-secret/
In fact, Kudlow's plan has two serious flaws. Despite US pressure on the European Union, Nord Stream 2 is being successfully built and, according to Gazprom, the capital investments required for the gas pipeline project have already been almost 70 percent financed. It will be extremely difficult to stop Nord Stream 2 at this stage, because if necessary, the Russian side could complete it at its own expense.