RE:RE:Question pleaseOnce again, very good post Hockeyz.
Thanks for the quality of your posts same for Blindpig.
Akita rig number 26 as been retrofit to gas drilling ans as been drilling for Shell
I was just ready this on BNN.this goes in the way of your thinking re nat. gas.
Have a nice day.
Pembina Pipeline Corp. plans to make its final investment decision for the proposed Cedar LNG floating gas-export project in British Columbia within two weeks, according to people familiar with the matter.
The US$4 billion project is expected to be financed 60 per cent from debt and 40 per cent from equity, with partners Haisla Nation and Pembina each contributing 20 per cent of equity, Cedar LNG said in an emailed statement to Bloomberg News.
The financing will also include a $1.5 billion (US$1.09 billion) five-year term loan for a pipeline connecting the Cedar terminal with the nearby Shell-led Kitimat project, according to the people.
Cedar LNG would be the second Canadian fuel-export project to be financially sanctioned after the Shell-led backers of the $40 billion LNG Canada made their investment decision in 2018.
At least 15 banks will likely participate in financing the project, the people said. Cedar LNG did not comment on the number of banks involved or the timing of a final investment in response to questions from Bloomberg News.
The developers of the project, which also includes the Haisla First Nation, had previously said they were aiming for a final investment decision by mid-2024. Future liquefied natural gas offtake from the proposed 3-million-metric-ton-a-year facility is split between Pembina and Canadian exploration firm ARC Resources Ltd.
The most recent LNG export facility to reach a final investment decision was Abu Dhabi National Oil Co.’s Ruwais LNG project, announced Wednesday.