Post by
EvenSteven27 on Aug 06, 2023 11:13pm
LNG
Mitsubishi is one of the largest exporters of Canadian LNG. Actually, it is a three way JV between Mitsubishi, Shell, and Canada LNG. Canada LNG is, in fact, a subsidiary of Mitsubishi, so Mitsubishi controls 2/3's of the JV. The LNG is sent to Kitimat and shipped off to Japan on ships. Mitsubishi is currently dredging at the Kitimat port so larger ships can access. The only other company that uses Kitimat port is Rio Tinto. Rio Tinto ships aluminum from Alcan to Japan. 100% of resources sent out of Kitimat port up in Japan. Rio Tinto syphons off some LNG from Mitsubishi to help power the Alcan smelter. Casino can just as easily access Mitsubishi's LNG. It's there... not so difficult.
Comment by
EvenSteven27 on Aug 06, 2023 11:22pm
A little off on ownership allotment, but you get the picture; https://www.mitsubishicorp.com/jp/en/bg/natural-gas-group/project/montney-shale-gas-and-lng-canada/ Dawson makes more sense than silly proposals from Alberta start ups. closer than we think.