BUSINESS IN VANCOUVER – Cost-competitive LNG projects still have a chance in B.C., says Steelhead CEO

By Richard Macedo/Daily Oil Bulletin

LNG projects that are globally competitive, cost-wise, still have a chance in British Columbia, with a window of opportunity most likely in 2020-21, said the CEO of Steelhead LNG Nigel Kuzemko.

Kuzemko said Steelhead’s planned pair of LNG plants in the province are a good example.

“The current market forecasts show a growing market — at between 5-7% — into the future for LNG,” said Kuzemko. “The approvals for Australian projects were three, four years ago and since then there are no new projects approved in the Pacific Basin, which leads to the conclusion that 2020-21 will be the time that a supply gap will re-appear.

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VANCOUVER SUN – Opinion: Too much is at stake to reject LNG out of hand

VANCOUVER SUN: Opinion: Too much is at stake to reject LNG out of hand

BY ELLIS ROSS, SPECIAL TO THE VANCOUVER SUN

When I was first elected to Haisla Nation Council, I was generally opposed to industry. It didn’t take long before I was confronted with the harsh reality of what our communities have been facing — poverty, suicides, and the hopelessness. Government handouts from Ottawa were not helping our people. There had to be a better way, and we had to help ourselves.

We had to find a way to dig ourselves out of grinding poverty.

A gas company came knocking at our door in 2004 with an opportunity that we saw as something new that just might make a difference to the families in my community. We could get our people off welfare and into good-paying jobs. It was a risk, and I was as big a skeptic as there was, but I also knew it was something we had a duty to consider.

We have studied the LNG industry and its proposals for the last 10 years. We have seen that natural gas is the cleanest of all fossil fuels, and that it can improve the global environment by offsetting dirtier fuels in Asia — after breathing the air in Beijing, Seoul and Tokyo, I can appreciate the desire of those countries for cleaner energy.

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GLOBE AND MAIL – Vancouver Island Malahat LNG project plan includes underwater pipeline

Brent Jang

VANCOUVER — The Globe and Mail

Published Tuesday, Sep. 01, 2015 9:23PM EDT 
A new LNG project envisioned for Vancouver Island would accept natural gas via an underwater pipeline that would weave from Washington State through the Gulf Islands, according to a proposal released Tuesday.

The liquefied natural gas project, which already has the backing of the Malahat First Nation, was announced last month. The proponent, Steelhead LNG Corp., has retained Williams Cos. Inc. to build the 128-kilometre pipeline – starting with a 53-km segment in Washington State and then extending 75 km underwater.

The goal of the Island Gas Connector pipeline is to transport natural gas to the proposed Malahat LNG project south of Mill Bay on Vancouver Island.

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VICTORIA TIMES COLONIST – Bamberton LNG backers find partner to build pipeline

Andrew Duffy / Times Colonist September 1, 2015 10:20 AM

Updated: September 2, 2015 05:52 AM

The company proposing a floating liquefied natural gas plant at Bamberton has found a partner to build a 128-kilometre natural gas pipeline to fuel it.

Steelhead LNG, which is working with the Malahat First Nation, has partnered with U.S. pipeline developer Williams to design the pipeline. It will seek regulatory approval for what is being called the Island Gas Connector Project.

Steelhead intends to use the pipeline to fuel both the Malahat project and a proposed Sarita LNG facility near Port Alberni.

An additional pipeline would be required to deliver natural gas to the Sarita facility.

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LNG INDUSTRY – Steelhead LNG signs natural gas pipeline agreement

Edited from press release by Callum O’Reilly

Published on 02/09/2015

Steelhead LNG Corp. has reached a pre-construction agreement with pipeline developer Williams to begin the design and regulatory approvals for the Island Gas Connector Project. The project consists of a pipeline that will transport natural gas to Vancouver Island, where Steelhead LNG is exploring the development of two LNG facilities.

On the east coast of Vancouver Island, Steelhead LNG is pursuing the development of the proposed Malahat LNG project, a floating natural gas liquefaction and export facility.

On the west coast of Vancouver Island, Steelhead LNG and the Huu-ay-aht First Nations is exploring the development of a proposed LNG facility at Sarita Bay, British Columbia (B.C.).

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News

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Canada’s Kwispaa LNG and Hyundai Heavy Industries close deal for Front-End Engineering and Design of At-Shore LNG™ hulls for the Kwispaa LNG Project more
Steelhead LNG appoints Corey Goulet as Vice President, Pipeline more

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