Kitimat LNG Export Facility

[errolanderson]

This $14 to $16 billion project to export liquefied natural gas (LNG) into the much higher priced Asian nat gas market appears to be getting the green light. What a boon for Kitimat, Terrace-area, B.C., western Canada and the Cdn economy. Kitimat real estate already up 50%.

https://business.financialpost.com/commodities/energy/no-fid-yet-but-shells-14b-contract-for-kitimat-project-a-sign-b-c-may-catch-the-second-lng-wave

Calgary company also building a Whitehorse LNG storage facility . . . .

[Taiga]

That is not a final investment decision (project go ahead), just a selection of couple of key contractors. But, let’s hope this goes ahead.