14 August 2018:
The LNG Canada project, after years of delay, appears to be nearing a final investment decision (FID) which after completion will provide an outlet for stranded gas in Western Canada. The project in Kitimat, British Columbia (BC), the first LNG export project for Canada, will source feedgas primarily from the natural gas liquid (NGLs) rich Montney, Horn River and Cordova plays of the Western Canadian Sedimentary Basin (WCSB). If the project moves forward, production of NGLs from the basin will increase as most of the liquids will be separated to produce the on-spec LNG. In addition, there are two proposed LPG exports projects along the west coast of Canada, one of which will come online early 2019. These projects will support higher production in the region and finally allow Canadian producers reach the premium Asian markets without sending material through the US.
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