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Bullboard - Stock Discussion Forum I3 Energy Ord Shs T.ITE

Alternate Symbol(s):  ITEEF

i3 Energy plc is an independent oil and gas company with assets and operations in the United Kingdom and Canada. The Company's principal activities consist of oil and gas production in the Western Canadian Sedimentary Basin (WCSB) and appraisal of oil and gas assets on the United Kingdom Continental Shelf (UKCS). The Company's wholly owned subsidiaries i3 Energy North Sea Limited and i3 Energy... see more

TSX:ITE - Post Discussion

I3 Energy Ord Shs > Canada LNG.....
View:
Post by Proselenes on Aug 21, 2022 6:54am

Canada LNG.....

If Canada LNG gets the go ahead......then Canadian natural gas prices would be solidly higher all the time......


https://www.reuters.com/world/ukraines-naftogaz-backs-scholzs-bid-canadian-lng-ahead-trip-2022-08-20/
Ukraine's Naftogaz backs Scholz's bid for Canadian LNG ahead of trip

August 21, 2022

BERLIN, Aug 20 (Reuters) - Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russian gas imports from an unexpected ally: Ukrainian state-owned gas company Naftogaz.

Kyiv has been at loggerheads with Berlin over its gas imports policy: firstly over its deal with Moscow to build the Nord Stream 2 pipeline and more recently over its deal with Canada to get a repaired turbine for the Nord Stream 1 delivered back to Germany.

But the prospect of LNG deliveries to Europe from Canada, one of the world's top gas producers, is something that not only Naftogaz supports, it's something it has also been quietly working on itself.

Naftogaz earlier this year signed a little-reported memorandum of understanding with Canadian energy developer Symbio Infrastructure to purchase LNG from Canada. Meanwhile Canada and Germany have been discussing building LNG terminals on the Canadian Atlantic coast.

Naftogaz’s CEO Yuriy Vitrenko told Reuters in an emailed statement that Canadian gas,,,,,,,,,,,,,,,,,,,,,,,,,
Comment by Proselenes on Aug 21, 2022 9:55am
This of course refers to the East Coast (Atlantic) LNG.  The West Coast LNG is under process and will be ready for use in 2025.
Comment by Buyreallow on Aug 21, 2022 12:05pm
Problem has been and will continue to be building a pipeline through Quebec.  Quebec cares about no one but themselves.  They have alread nixed a plan to build a $14 billion LNG terminal in the Saguenay region to export gas overseas, so they surely won't agree to a pipeline to a plant in the Maritime provinces.
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