Kitimat LNG commits to electrification
 

https://biv.com/article/2019/04/kiti...lectrification


This is amazingly huge news if it happens. Wow good time to be investing into energy. Makes the NDP look amazing, makes Weaver look like an idiot, and helps justify Site C. Not sure how much the NDP had to do with this but I know there going to be getting a lot of kudos.

I think if this goes though, Site C will be too little power. Site C is already needed to support electrification of transportation.

I wonder- what's going to happen to these projects when natural gas stops being a big hit, either because a fracking boom occurs in Asia, or renewables/nuclear take over?

It seems like it might have a pretty limited lifespan.

I rolled my eyes whenever people argued additional power wasn't necessary for this province, it's as if they can't foresee population, industry and infrastructure changes and growth necessitating more clean(ish) power past five years. It's ironic some of these people are climate change activists as well, considering we won't really be feeling the effects of that directly for some time as well, but are (rightly) advocating to do as much as we can in advance of that.

Re: LNG... this is why companies perhaps are in such a rush to capture the market demand while it's still there right now. It may not be a valuable resource to develop forever, but it sure would be a feather in the cap for NDP as a decent centrist party if they can tap into it while there are still customers for it.

See, certain radical elements of environmentalism believe that we can power the entire planet with nothing except wind and solar and pixie dust. Not sure if Weaver is one of them, but his career partially depends on him siding with them.

So long as the NDP doesn't decide to buy it and build it themselves - that option doesn't work out very well.

Shell, Mitsubishi exploring sale options for their stakes in LNG Canada: Reuters exclusive
By Reuters
Updated: January 16, 2026

Oil company Shell and Japanese conglomerate Mitsubishi are exploring sale options for their respective stakes in the $40-billion LNG Canada project, three sources familiar with the matter told Reuters.

The moves come as owners of the massive liquefied natural gas facility weigh a potential expansion, and after another stakeholder, Petronas, successfully offloaded a piece of the project.

Shell, the largest owner with a 40-per-cent stake in LNG Canada, has been working with investment bankers at Rothschild & Co to sound out interested parties in recent weeks, said two of the sources. Two sources added that Shell could offload as much as three-quarters of its holding, or 30 per cent of the project.

Shell has expressed willingness, however, to consider different options relating to its exposure to the project’s Phase 1, which is operational, and the proposed Phase 2, given their different risks.

One of the sources estimated that any buyer for Shell’s stake could be committing roughly $20.9 billion, inclusive of the equity stake, debt and capital requirements for Phase 2.

...

https://www.ctvnews.ca/business/arti...ers-exclusive/

That's a different project than Kitimat LNG, which is now cancelled.

LNG Canada on the other hand is complete with production ramping up to full capacity this year.

Haisla Nation took over controlling rights to the project who are running the ship based terminal Cedar LNG next door. Doesn't sound like they have any plans to restart the project so might have just been a fire sale price to control the land.

https://www.theglobeandmail.com/busi...project-in-bc/

i had no idea where to put this. This was the only thing that came back when I searched. maybe someone knows where it belongs....