Inform
| |
2 Pages

Pacific NorthWest LNG project clears regulatory hurdles


Pacific NorthWest LNG project clears regulatory hurdles

Report summary

Canada's federal government granted approval for the proposed construction of the Pacific NorthWest LNG (PNW LNG) terminal in British Columbia subject to 190 conditions. Most of these conditions focus on the environment footprint of the liquefaction plant and stress reduced green house gas emissions. This is the first project in Canada to receive clearance from the Canadian Environmental Assessment Agency and marks the end of a regulatory process that was initiated three years ago.

PNW LNG will now undergo a full project review by the joint venture partners. While the regulatory approval is a positive sign, we see potential signs for a delay given the high costs of development, budget scrutiny and current low LNG prices.  This reactive note looks at the cost breakeven for the project and highlights some of the challenges still facing Canada's LNG ambitions.

What's included?

This report includes 2 file(s)

  • Pacific NorthWest LNG project clears regulatory hurdles PDF - 968.03 KB 2 Pages, 0 Tables, 1 Figures
  • Pacific NorthWest LNG project clears regulatory hurdles.xls XLS - 134.50 KB

Description

This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.