January 14, 2013
Partnership paves way for LNG facility
APACHE CANADA LTD.
The proposed Kitimat Liquid Natural Gas (LNG) export facility has taken a major step forward as Chevron Canada Limited signs a series of merger and acquisition transactions to construct the project and develop shale gas in northeastern, B.C.
“This investment grows our global LNG portfolio and builds upon our LNG construction, operations and marketing capabilities,” said George Kirkland, vice chairman, Chevron Corporation.
“It is ideally situated to meet rapidly growing demand for reliable, secure, and cleaner-burning fuels in Asia, which are projected to approximately double from current levels by 2025.”
Chevron Canada Limited signed a broad agreement with Apache Canada Ltd. to acquire all of the interests currently owned by EOG Resources Canada Inc. and Encana Corporation in the proposed Kitimat LNG project.
|MOST POPULAR STORIES|
|TODAY’S TOP CONSTRUCTION PROJECTS|
These projects have been selected from 371 projects with a total value of $1,936,826,394 that Reed Construction Data Building Reports reported on Thursday.
$122,700,000 High Prairie AB Tenders
$66,000,000 Columbia-Shuswap RD BC Negotiated
$34,400,000 Airdrie AB Prebid
- Photo Gallery: 2014 ACEC BC Awards of Excellence winners
- Journal of Commerce Preview for the week of April 21st, 2014
- Fort McMurray airport terminal getting ready for take off
- B.C. government forms liquefied natural gas working group
- Kitimat residents vote against Northern Gateway pipeline
- Precast concrete enables net-zero homes
- Learning to dig safely can save lives
- Ex construction boss admits to collusion in government contracts
- P3 Fund launches
- Supreme court won't hear case involving construction mogul
- Minister spurns spat over plant
- VIDEO: Debate still strong as OCOT turns one
- Upset waters over new Ontario diving regulations
- Covering up the Celsius
- Frontier Oilsands Mine joint review panel raises concerns among some First Nations
- Doors open on latest PPP Canada funding
- U.S. builders’ confidence rises but is limited by tight credit and shortages of labour and lots
- Keystone XL opponents carve message
- RFP released to shortlisted teams for Milton hospital expansion