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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
  • Start date Start date
Better late than never I guess.

That's excellent news for Canada's O&G industry. We could send loads of LNG off the East coast and sell it to the EU.

Do you think Canada will be in a position to capitalize on this "business case"?
Could be.

 
Better late than never I guess.

That's excellent news for Canada's O&G industry. We could send loads of LNG off the East coast and sell it to the EU.

Do you think Canada will be in a position to capitalize on this "business case"?
The recent SK announcement about Nat Gas off the coast of NFLD could be the start of this shipping to the EU.
 

Impressive in its own way was the original Trans-Mountain pipeline, from Edmonton to Burnaby, B.C., traversing 1,150 kilometres of mostly rugged, mountainous terrain. Construction began in February 1952, finishing eight months later, costing the equivalent of $1.1 billion today. Expansion of the pipeline, proposed by Kinder Morgan in 2013 — 910 kilometres of line for an estimated $6.8 billion — did not go well. Initial federal approvals alone took three years, followed by a taxpayer buyout and an ultimate cost of $34 billion for six years of construction.
We should complete the optimization plan to get the most out of the line given the circumstances
 
I learned the other day that Quebec has major natural gas deposits - why they won't tap into those is beyond me.
 
Doesn't seem to me that Alberta oil is going to be reaching Europe any time soon with Quebec in the way. How quickly can a route through Churchill be developed and could it be made robust enough to carry the oil required?
 
Baffinland Mine is a very large and very rich deposit of iron ore in, well, Baffin Island. The ore is such a high grade that it requires no processing beyond crushing. They have been trucking to a port via a haul road but have been approved for a 149 km rail line that will enable them to increase production.

 
The recent SK announcement about Nat Gas off the coast of NFLD could be the start of this shipping to the EU.
Except Trudeau said there was no case for Canadian Natural Gas to be sold to Europe. He canned a large NG port project. We will see how the liberals deal with this case going forward.
 
Baffinland Mine is a very large and very rich deposit of iron ore in, well, Baffin Island. The ore is such a high grade that it requires no processing beyond crushing. They have been trucking to a port via a haul road but have been approved for a 149 km rail line that will enable them to increase production.

Friggin’ Baffin Island’s gonna get a working rail line and the Ottawa LRT will still be broken when it snows a bit.
 

Is there a workaround for the ice?

The European Union’s energy chief said the bloc is growing increasingly concerned about its dependence on US liquefied natural gas, particularly in the wake of President Donald Trump’s threats to take over Greenland.

Recent events have been a “wake-up call” for the region, which now relies on the US for more than half its LNG supply, Energy Commissioner Dan Jorgensen said Wednesday. The bloc is actively looking at taking more from Canada, Qatar and North African countries, he said.

 
Baffinland Mine is a very large and very rich deposit of iron ore in, well, Baffin Island. The ore is such a high grade that it requires no processing beyond crushing. They have been trucking to a port via a haul road but have been approved for a 149 km rail line that will enable them to increase production.



Move the Arctic Bay/Nanisivik site to the existing Mary River dock on the Pond Inlet side.

Fuel from Churchill to Steensby then rail through Mary River to the north side.
 
Friggin’ Baffin Island’s gonna get a working rail line and the Ottawa LRT will still be broken when it snows a bit.
that article is a good summation of why we are in the fix we are in. Their plans for trucking to the current harbour took years to process and were eventually blocked. Their rail request was blocked or deemed unfeasible at the time and even now their current MP is suggesting another environmental assessments.:cry:
 
that article is a good summation of why we are in the fix we are in. Their plans for trucking to the current harbour took years to process and were eventually blocked. Their rail request was blocked or deemed unfeasible at the time and even now their current MP is suggesting another environmental assessments.:cry:
Best I can figure, Baffinland is a consortium partially owned (I don't know what percentage) by a US private equity firm. One rumour I have heard - unsubstantiated - is the owners were not honouring local investment, hiring and environmental agreements with the territorial government.
 
Best I can figure, Baffinland is a consortium partially owned (I don't know what percentage) by a US private equity firm. One rumour I have heard - unsubstantiated - is the owners were not honouring local investment, hiring and environmental agreements with the territorial government.

... not too many 'wholly' Canadian gigantic mining companies out there. They're as Canadian as Dofasco. BHP is big in our north too, and they're Australian...


ArcelorMittal, the world's biggest steel company and owner of the former Hamilton-based Dofasco, has offered $1.10 in cash per share and 10 cents for each outstanding common share purchase warrant issued on Jan. 31.

 
... not too many 'wholly' Canadian gigantic mining companies out there. They're as Canadian as Dofasco. BHP is big in our north too, and they're Australian...


ArcelorMittal, the world's biggest steel company and owner of the former Hamilton-based Dofasco, has offered $1.10 in cash per share and 10 cents for each outstanding common share purchase warrant issued on Jan. 31.

100% - we've bled so so many CDN mining champions over the last 2+ decades. We are decades late to the game in playing the 'economic warfare' game.

Inco - gone
Alcan - gone
Falconbridge - gone
Allied Gold - gone
Teck Resources - gone
Goldcorp - gone
Yamana Gold - gone
 
Some insight into the size/scope of the LNG site off the coast of NLFD that Hanwha is getting involved with.
It a massive project.

Fermeuse LNG Receives Boost in MOU With South Korea

A proposed $15-billion liquefied natural gas development off the coast of Newfoundland has received a major boost, after St. John’s-based Fermeuse Energy signed a memorandum of understanding (MOU) to advance the project with Hanwha Group, an industrial conglomerate based in Seoul, South Korea.

9.7 Trillion Cubic Feet of Gas​

When FEL first announced the project last September, its plan called for a 380-kilometre pipeline to carry gas from the Jeanne d’Arc Basin east of St. John’s to a liquefaction facility in Fermeuse, a town of 600 people about 90 kilometres south of the city.

The company said the project would extract about 9.7 trillion cubic feet of offshore gas, about three times the initial estimate for Nova Scotia’s Sable Island development, and take advantage of the new Fermeuse Marine Base by “evolving” it into a gas liquefaction hub.

The rest of the article speaks to those locals who would be against this proposal and the employment that it would bring.
 
Some insight into the size/scope of the LNG site off the coast of NLFD that Hanwha is getting involved with.
It a massive project.

Fermeuse LNG Receives Boost in MOU With South Korea

A proposed $15-billion liquefied natural gas development off the coast of Newfoundland has received a major boost, after St. John’s-based Fermeuse Energy signed a memorandum of understanding (MOU) to advance the project with Hanwha Group, an industrial conglomerate based in Seoul, South Korea.

9.7 Trillion Cubic Feet of Gas​

When FEL first announced the project last September, its plan called for a 380-kilometre pipeline to carry gas from the Jeanne d’Arc Basin east of St. John’s to a liquefaction facility in Fermeuse, a town of 600 people about 90 kilometres south of the city.

The company said the project would extract about 9.7 trillion cubic feet of offshore gas, about three times the initial estimate for Nova Scotia’s Sable Island development, and take advantage of the new Fermeuse Marine Base by “evolving” it into a gas liquefaction hub.

The rest of the article speaks to those locals who would be against this proposal and the employment that it would bring.
and the lawsuits begin (sigh). They say 5 years to start shipping gas. Maybe 5 years to have assessment hearings. Are there any first nation groups in that area he asked cynically.
 
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