07-12-2022, 09:38 AM
|
#642
|
Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
|
Ya, but Azure is Canada's #1 armchair QB with the gift of hindsight. Don't expect facts to change that.
|
|
|
The Following 3 Users Say Thank You to Fuzz For This Useful Post:
|
|
07-12-2022, 10:00 AM
|
#643
|
Had an idea!
|
Quote:
In May, Canadian Natural Resources Minister Jonathan Wilkinson said the Canadian government was in discussions with the companies behind two proposed east coast LNG export facilities to see how it could speed up the projects and help boost supply to Europe. read more
Canada, the world's sixth-largest natural gas producer, does not have any east coast LNG facilities and only one under construction on its west coast.
"In terms of CO2 footprint and proximity to European markets Canadian east coast projects are very well placed," one of the sources said.
The second source said that Canadians were eager to develop new fields given high shale gas prices and recognised Germany's reputation as being environmentally friendly.
Germany consumes around 100 billion cubic meters (bcm) of natural gas annually with around 55% of that coming from Russia and smaller volumes piped from Netherlands and Norway.
Spanish oil major Repsol's (REP.MC) regasification plant on Canada's east coast, through which it imports into the United States, could potentially have a liquefaction capacity installed to export directly into Northwest Europe, an industry source said.
|
https://www.reuters.com/business/ene...al-2022-06-28/
You can go back '5, 10, 15' years and look at the increasing reliance by Germany & Europe on Russian gas and see it as a missed opportunity from the 6th biggest producer in the world of natural gas who currently has ZERO LNG export capabilities, or you can whine about costs and other stupidity and dance around the issue like Canadians love to do.
And yes, I realize that all this means we should have built LNG export facilities on the east coast with pipelines to send western province produced natural gas east.
|
|
|
07-12-2022, 10:25 AM
|
#644
|
Franchise Player
|
Quote:
Originally Posted by Azure
https://www.reuters.com/business/ene...al-2022-06-28/
You can go back '5, 10, 15' years and look at the increasing reliance by Germany & Europe on Russian gas and see it as a missed opportunity from the 6th biggest producer in the world of natural gas who currently has ZERO LNG export capabilities, or you can whine about costs and other stupidity and dance around the issue like Canadians love to do.
And yes, I realize that all this means we should have built LNG export facilities on the east coast with pipelines to send western province produced natural gas east.
|
It is pretty easy to see that Europe, in particular eastern Europe, has a stability issue with natural gas supply due to their reliance on Russia. I believe that it is at least 5 times in the last 20 years that supply disruptions have crippled eastern Europe mostly as a result of political pressure that Russia was trying to use against the EU countries. The EU and Canada could have worked towards some sort of supply agreement but little to no progress was made.
|
|
|
07-12-2022, 11:56 AM
|
#645
|
Franchise Player
|
I think Azure's a bit of a whiny complainer too, but his negativity has always been focused on the government, not the country itself. It's a very strange thing to equate the two.
|
|
|
07-12-2022, 12:06 PM
|
#646
|
Scoring Winger
|
Quote:
Originally Posted by Azure
https://www.reuters.com/business/ene...al-2022-06-28/
You can go back '5, 10, 15' years and look at the increasing reliance by Germany & Europe on Russian gas and see it as a missed opportunity from the 6th biggest producer in the world of natural gas who currently has ZERO LNG export capabilities, or you can whine about costs and other stupidity and dance around the issue like Canadians love to do.
And yes, I realize that all this means we should have built LNG export facilities on the east coast with pipelines to send western province produced natural gas east.
|
Cost is everything.
For the record, I likely agree with your frustrations and I told you so's for Canada's west coast LNG mismanagement. The Asian LNG/natural gas market has been lucrative for a long time.
Canada's west coast LNG export delays have been a huge missed opportunity. Canada's East Coast LNG is not economically competitive without Canadian or German taxpayer subsidies.
This July 2018 report on the economic viability and hurdles for Canada LNG development does a better job breaking this down than I ever could.
https://ceri.ca/assets/files/Study_172_Full_Report.pdf
East Coast Canada LNG to Europe Estimate (July 2018): $11.17 /mmbtu
Russian Natural Gas July 2018: $7.62 / mmbtu
Germany uses 80.5 mmbtu/household of natural gas for heating/electricity. So if Germany wanted to be supplied with Canadian LNG, it would cost
an extra $285 per year in heating/electricity costs per family. It is not an insurmountable amount, but this cost has to be paid by someone.
|
|
|
07-12-2022, 12:12 PM
|
#647
|
Franchise Player
|
so who of you guys out here went and mobbed our glorious leader on the weekend at stampede?
i did not.
__________________
If I do not come back avenge my death
|
|
|
07-12-2022, 12:24 PM
|
#648
|
Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
|
Quote:
Originally Posted by Northendzone
so who of you guys out here went and mobbed our glorious leader on the weekend at stampede?
i did not.
|
I'll give him props for showing up. The easy move would have been not to come. Chretien avoided Alberta like the plague and he wasn't nearly as detested by Albertans. That said Chretien was a far more competent PM as I feel Justin wouldn't be nearly as detested if he and his party actually did something other than kicking the can down the road on almost all major issues.
|
|
|
07-12-2022, 04:10 PM
|
#649
|
Franchise Player
|
Quote:
Originally Posted by 1991 Canadian
Cost is everything.
For the record, I likely agree with your frustrations and I told you so's for Canada's west coast LNG mismanagement. The Asian LNG/natural gas market has been lucrative for a long time.
Canada's west coast LNG export delays have been a huge missed opportunity. Canada's East Coast LNG is not economically competitive without Canadian or German taxpayer subsidies.
This July 2018 report on the economic viability and hurdles for Canada LNG development does a better job breaking this down than I ever could.
https://ceri.ca/assets/files/Study_172_Full_Report.pdf
East Coast Canada LNG to Europe Estimate (July 2018): $11.17 /mmbtu
Russian Natural Gas July 2018: $7.62 / mmbtu
Germany uses 80.5 mmbtu/household of natural gas for heating/electricity. So if Germany wanted to be supplied with Canadian LNG, it would cost
an extra $285 per year in heating/electricity costs per family. It is not an insurmountable amount, but this cost has to be paid by someone.
|
You make it sound like the likelihood of profit should drive companies on whether they should make an investment to ship LNG to Europe. That clearly flies in the face of Trudeau is an idiot, so that theory that private companies should expect to make a profit before they make large investments should be rejected.
|
|
|
07-12-2022, 06:37 PM
|
#650
|
Franchise Player
Join Date: Oct 2001
Location: Ontario
|
|
|
|
The Following 3 Users Say Thank You to calculoso For This Useful Post:
|
|
07-12-2022, 06:45 PM
|
#651
|
Powerplay Quarterback
|
Quote:
Originally Posted by calculoso
|
Good force governments like the UCP to spend the money properly
|
|
|
The Following 5 Users Say Thank You to Krovikan For This Useful Post:
|
|
07-12-2022, 06:51 PM
|
#652
|
Franchise Player
|
Quote:
Originally Posted by Krovikan
Good force governments like the UCP to spend the money properly
|
Quebec is the most vocal proponent of a no strings attached deal. They want autonomy and for the feds to take a no questions asked approach.
|
|
|
07-12-2022, 07:15 PM
|
#653
|
Powerplay Quarterback
|
Quote:
Originally Posted by calgarygeologist
Quebec is the most vocal proponent of a no strings attached deal. They want autonomy and for the feds to take a no questions asked approach.
|
Same goes for Quebec or any province, health transfers are for health care.
|
|
|
The Following User Says Thank You to Krovikan For This Useful Post:
|
|
07-12-2022, 11:26 PM
|
#654
|
Franchise Player
|
The feds need to be even more specific: the money is for expanding health care capacity.
__________________
Quote:
Originally Posted by fotze
If this day gets you riled up, you obviously aren't numb to the disappointment yet to be a real fan.
|
|
|
|
07-13-2022, 01:14 AM
|
#655
|
Franchise Player
|
Quote:
Originally Posted by V
I think Azure's a bit of a whiny complainer too, but his negativity has always been focused on the government, not the country itself.
|
Not really actually.
Quote:
It's a very strange thing to equate the two.
|
These are strange times V, strange times.
|
|
|
07-13-2022, 07:30 AM
|
#656
|
Lifetime Suspension
Join Date: Jul 2012
Location: North America
|
Quote:
Originally Posted by Krovikan
Good force governments like the UCP to spend the money properly
|
Like the Liberals fo? Lol
|
|
|
07-13-2022, 07:33 AM
|
#657
|
 Posted the 6 millionth post!
|
We want money for Healthcare!
Ok, but only if you provide the receipts.
No.
|
|
|
The Following User Says Thank You to Ozy_Flame For This Useful Post:
|
|
07-15-2022, 12:50 PM
|
#659
|
#1 Goaltender
|
Friendly reminder that you may have gotten your Trudeau bucks in your bank account today.
|
|
|
07-15-2022, 01:19 PM
|
#660
|
Had an idea!
|
Trudeau talked today a bit about the 2 billion tree planting pledge. Could be one of his bigger wins if he gets it done.
CTV thinks they're behind schedule, but my understanding is it takes a few years to ramp up, and then it moves WAY faster.
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 09:34 AM.
|
|