‘Historic moment’: First LNG Canada shipment departs B.C. for Asia
‘Historic moment’: First LNG Canada shipment departs B.C. for Asia

By Lauren Krugel A tanker carrying the first liquefied natural gas to leave Canadian shores is sailing across the Pacific, a major milestone as the country looks to diversify its export markets for oil and gas beyond the United States. LNG Canada said Monday that the vessel GasLog Glasgow has departed the northern port of Kitimat, B.C., full of ultra-chilled natural gas. CEO Chris Cooper called it a “truly historic moment.” LNG Canada hasn’t confirmed the overall price tag for the project. But the federal government has billed it as the biggest private sector investment in Canadian history – $40 billion between the Kitimat operation, the northeast B.C. gas fields supplying it and the pipeline in between. It’s a joint venture between Shell and Malaysia’s Petronas, PetroChina, Japan’s Mitsubishi Corp.

The post ‘Historic moment’: First LNG Canada shipment departs B.C. for Asia appeared first on The Turtle Island News.