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Enbridge Makes A Major Investment In Canada’s Woodfibre LNG

From rbnenergy.com

There finally seems to be some momentum building for additional LNG export projects on Canada’s West Coast. Major pipeline and midstream operator Enbridge announced in late July that it was making an investment in Woodfibre LNG, a smaller-scale export project that has already come a long way in terms of approvals, pipeline connections, locking up gas supplies, and initial financing. With the Enbridge announcement — and the financial and technical clout the company brings to the table — it is now very likely that the project will make a final investment decision (FID) before the end of the year and be exporting LNG by ... (full story)

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  • Category: Fundamental Analysis