American, Canadian initiatives advancing pipeline expansion plans in the province
Oil and gas companies in the U.S. and Canada have been slammed by politicians on both sides of the border for reaping massive profits on high oil and natural gas prices, and rewarding shareholders, rather than reinvesting.
“This year’s been a really banner year for gas development,” said Ian Archer, associate director of commodity insights for S&P Global. “We’ve seen very strong growth in Western Canadian production.” Enbridge isn’t the only midstream company with expansion plans. NorthRiver Midstream has applied to the CER for a new project, the North East B.C. Connector, which is a 215-kilometre twin pipeline that would run from B.C. to Alberta. That project is driven more by the natural gas liquids market than LNG. One pipeline would be for condensate – a type of light oil used to dilute bitumen. The other would be for other natural gas liquids.
Two other proposed LNG projects moving through the regulatory process in B.C. are Cedar LNG in Kitimat and Ksi Lisims in Prince Rupert, and the partners behind LNG Canada may at some point sanction Phase 2 of their project. That alone would double the demand for natural gas to four billion cubic feet per day from two billion cubic feet per day.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
‘We’ve got to speak with everyone’: new Congress will bring new Canadian outreach efforts on Capitol HillWith a new Congress set to take office in the new year after the Nov. 8 midterm elections, outreach efforts begin anew to build Canadian links with what will likely be a divided Congress. While a Republican wave never materialized, the GOP are still likely to take control over the House of Representatives. The Democrats held control of the Senate with the possibility of picking up another seat during the Georgia runoff election. As of publication deadline, the Republicans hold 217 seats in the House compared to the Democrats’ 205, according to Politico—218 is needed to have the majority. In the Senate, Democrats hold 50 seats compared to the Republicans’ 49. Building connections on Capitol Hill has been a consistent strategy for the Canadian government, which proved consequential during the NAFTA renegotiations and for the removal of steel and aluminum tariffs in 2019, as well as during the fight against a protectionist American tax credit on electric vehicles earlier this year. Spotlighting the importance of Canadian links in the U.S. Congress, Prime Minister Justin Trudeau (Papineau, Que.) and a handful of his cabinet ministers held meetings on Capitol Hill before the North American Leaders’ Summit in November 2021. He also met with House Speaker Nancy Pelosi and other Congressional members at the Summit of the Americas this past June. Outreach to Congress is co-ordinated through Canada’s embassy in Washington, D.C.—located just blocks from Capitol Hill—which has a dedicated Congressional affairs team. That effort includes the Prime Minister’s Office (PMO), cabinet ministers and offices, as well as non-governmental stakeholders. “We really, really cannot wait for things to come up for us to march down on Capitol Hill and demand that they be reversed,” said Louise Blais, a former Canadian consul general in Atlanta, Georgia. “The best Canadian strategy is for ongoing engagement. That’s across the political spectrum, and even the far right or far left. We’ve got to s
اقرأ أكثر »
Sask. residents highlight province’s natural beauty in ExploreSask photo contest | Globalnews.caTourism Saskatchewan announced the winners of the 2022 ExploreSask Photo Contest on Nov. 14. The competition launched in June and received more than 4,100 entries.
اقرأ أكثر »
Canadian October home sales up from September, first monthly increase since FebruaryThe Canadian Real Estate Association says last month’s home sales amounted to the first monthly gain since February.
اقرأ أكثر »
Darker era of geopolitics calls for increased Canadian aidIn recent weeks, the Canadian government has amped up the rhetoric on global affairs. Official positions have hardened around defending democratic values and standing up to authoritarian regimes such as Russia, China, and Iran. The Oct. 11 Washington speech by Deputy Prime Minister Chrystia Freeland laid bare what we’re up against. The rise of authoritarianism, and threats to democracy and the rules-based international order Canada helped to build are real. So is the need for an assertive foreign policy by liberal democracies, the likes of which we have not seen in a generation. It is about time Canada’s leaders clearly stated these things. Actions must soon follow. For decades, analysts and former diplomats have lamented Canada’s lack of direction and spending in the four major pillars of foreign policy: trade, diplomacy, aid, and defence. Drawing down on global capital built in the post-war years, in recent decades, Canada’s global brand has taken a hit as we regularly have over-promised and under-delivered. Despite a 2006 NATO promise to spend two per cent of GDP on defence, Canada still spends approximately 1.4 per cent of GDP on this. Except for a briefly substantial mission in Mali in 2018-19, Canadian contributions to United Nations peacekeeping missions have reached an unprecedented low point. A Canadian Indo-Pacific Strategy has been delayed for years, even as allies have been clear on their objectives in the region. At 0.31 per cent of GNI, Canada’s foreign aid is also below the average of its rich country peers. The opening of a new high commission in Rwanda this year marks a welcome reversal after a decade where Canada closed four missions on the world’s fastest-growing continent. Many foreign policy hawks will argue this period in history calls for us to prioritize defence and security capacity. But this can only be one part of the picture and must serve to complement investments in diplomacy, aid, and trade. These areas can best contribute to stability
اقرأ أكثر »
Eye drops, allergy medicine among other Canadian drug shortages: industry experts | Globalnews.caThe situation is leaving pharmacists scrambling to find alternatives while many end up at doctor's clinics or in emergency rooms for ailments they would normally treat at home.
اقرأ أكثر »
Canadian home prices fall again, now down 10% from peak - BNN BloombergCanadian home prices continued their slide for an eighth month as buyers and sellers adjusted to an environment of higher interest rates.
اقرأ أكثر »