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The Ksi Lisims LNG project will be near the village of Gingolx
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A new floating LNG (FLNG) export plan is taking shape off Canada’s west coast, with an eye on achieving net zero.
The Ksi Lisims LNG project aims to reach commissioning in late 2027 or early 2028. It will produce 12 million tonnes per year at peak. Feedgas will be 1.7-2 billion cubic feet per day.
Author of the article: Geoffrey Morgan Postmedia
Publishing date: May 03, 2018 • May 3, 2018 • 3 minute read
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A big, bad bet on oil prices hurt Cenovus Energy Inc. Apr. 25, as the oilsands producer posted a massive net loss thanks in part to a hedging program that the company vowed never to repeat.
“I don’t think you will ever see this company hedge at the very high levels that you’ve seen this year and in the back half of last year,” Cenovus president and CEO Alex Pourbaix said in an interview, after his company announced a $914 million net loss for the first quarter.