Quote:
Originally Posted by Mr.Coffee
They are gas pipelines. So they transport gas to the facility, it liquifies it at the coast (cools it) and then onto the boat in liquid form.
I think there are only 2 new pipes being built now? I forget. I believe the main one in the works is Pacific Trails which is for Kitimat LNG. Not sure the details on LNG Canada’s pipe but I believe they were experiencing some protests / pushback, and anyway this project may fall down still given lack of appetite from Woodside / Chevron. Then there’s Woodfibre LNG which is Pacific’s, it heads south from the northwest BC regions via existing lines but had to get into an existing pipeline that was operated by Fortis and needed to be retrofitted, which I believe they’re going ahead with. This is a very small LNG terminal though.
We looked at econs to build new gas pipe all the time but it required partners because the cost of terrain and rivers and protests and timing and regulatory delays and red tape and requirement to partner with FN’s (extortion costs) were exorbitant. It’s not going to happen again. Not without government literally pushing things ahead and good luck with that.
|
The LNG Canada pipeline is TCE's Coastal Gas Link, which is being built (and protested).
__________________
From HFBoard oiler fan, in analyzing MacT's management:
O.K. there has been a lot of talk on whether or not MacTavish has actually done a good job for us, most fans on this board are very basic in their analysis and I feel would change their opinion entirely if the team was successful.
|