LNG NL ‘perfectly positioned’ for a future of high politics and low carbon
The proposed East Coast liquefaction terminal is trumpeting a number of advantages over competing schemes
The proposed Newfoundland and Labrador floating LNG export project (LNG NL) stands out from all the rest in Canada for three reasons. It is the only one planning to source its feedgas from offshore along the east coast of Canada rather than elsewhere in North America—in particular, Western Canada. LNG NL also has the potential to be the lowest-emission liquefaction facility not just in Canada but in the world. And the C$5.5bn ($4.2bn) project—including the cost of an undersea gas pipeline—has the shortest shipping distance to Europe of any active or proposed LNG project in North America. Leo Power, CEO of the project, expands further on these advantages. The goal of the LNG NL project is to
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields