#Calgary northwest contractors
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mountainviewrenos · 4 years ago
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Calgary northwest contractors
We provide the most beautiful service to their client. Our creative team always provides the most beautiful home renovation service at the effective cost, now no need to go anywhere here get the complete solution. You will get to know about many new innovative things that are getting incorporated into the building. You can make use of the Calgary northwest contractors who will provide you with the best service. We guarantee best quality, on-time venture conveyance, service contract and a problem-free encounter from plan endorsement to handover on the entirety of our development activities to every one of our clients.
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Aspects to Consider When Obtaining a Residential Electrician
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Understand that you should get an electrician to help you whenever an electrical issue in your home faces you.  Note you should never consider to DIY electricity always seek help from an electrician.  Know that DIY electricity will put your life and the individuals in the house at risk or get to start a fire. No matter if the task is big or small you should only consider having a qualified electrician to handle it. For it is the only time you will be sure that your need will be taken care of well.  When you are searching for an outstanding electrician you first and foremost to choose an excellent service provider that is providing electrical services. Learn more about this firm here. In the industry, several of the firms offering electrical services do provide residential electricians and also commercial electricians. For this case, you need a residential electrician you might find the hustle a little bit tricky to get an excellent to meet your need.  It is mandatory to research for you will gather the demanded data that will assist you in distinguishing among the many firms which the remarkable one is to hire for residential electrical services.  Below are essential factors to think about when hunting a company to provide you with residential electrical services.  The expertise of the service provider is the vital aspect you should consider first. Know that you will be offered more excellent residential electrical services when you hire a firm that has more experience in the market.  Consider getting the northwest calgary electrical contractor that has numerous years in the business. You should get a company that has electricians that have the know-how, and on the other hand, they are certified to be in a position of meeting your needs as a customer accurately.  Note if the firm has a good reputation in the business for it is another vital feature to consider. With a firm that is reputable you will be assured that the services to be offered will be dependable. Reviews are to check for they will inform you if the firm is credible to hire or not.  Understand that when you find that the comments are becoming it is an alert that the company does meet its customers’ requirements right. In this juncture, you should see that you have a set budget that you ready to use when obtaining residential electrical services.  Note that from company to company residential electrical services fees happen to differ.  Now, compare numerous firms’ charges to find out the one that is charging affordable fees.  Choose a service provider that is providing credible residential electrical services and also reasonable prices. Get more details about electrical contractors here: https://en.wikipedia.org/wiki/Electrical_contractor.
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nopayneroofing · 5 years ago
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No Payne Roofing, Calgary Roof Installation Company, Shares New Review
Calgary-based roofing company, No Payne Roofing, has recently received a new glowing five star customer review on Google Maps. Tatyana, the happy customer, was impressed by the timeliness and customer service skills of this roof installation company in Northwest Calgary, Alberta.
Tatyana writes: “Fantastic work and excellent customer service from Mike. He was quick to provide me a quote and even quicker to come out and get the job done. Not only did he provide great roofing services but his customer service skills are wonderful, he shows compassion and understanding when speaking with his clients and truly makes them feel as though they aren’t just another “job”! Thank you Mike! Highly highly recommend. Will be using for future roofing needs!”
In an excellent demonstration of that compassion and understanding, the company has responded to this review. “It was a pleasure to work with you Tatyana,” they said. “I’m amazed by your positive mood despite trying times. Please don’t hesitate to contact me for all of your roofing needs.”
This No Payne Roofing Customer Review is one of many stellar reviews that the roofing company has on Google Maps. As of this most recent review, they have a total of 69 reviews, with an average of 4.9 stars. These customer reviews praise the company for their professional demeanor and the extent of their knowledge on the subject of roofing, as well as their ability to handle a number of roofing-adjacent issues, such as repairing siding and chimneys, and cleaning gutters.
No Payne Roofing serves Calgary and the surrounding areas, providing excellent roofing service for anyone in the region who needs it. They have an A+ rating with the Better Business Bureau, and even partner with a local bank to provide financing for home repairs. Company spokesperson Mike Payne says, “We pride ourselves on providing great service to every customer, so when we receive five star reviews like this one from Tatyana, we appreciate the knowledge that we’ve made another customer happy. The good publicity of a good public review also doesn’t hurt, of course.”
When asked about how he enjoys working in roofing in and around Calgary, Mike Payne only had good things to say. “When it comes to roof installation Calgary is a great place to work,” he said, especially praising the great customer community that has allowed him to get such a good rating on Google. “We provide all kinds of roofing services, from chimney repair to roof repair to gutter cleaning and skylight installation.” They can also install, replace, repair and inspect roofs, and they are knowledgeable about the brutal winters of Alberta and the damage that they can cause to roofs and other residential construction.
The company website has a lot of additional information about roofing, including a gallery of past work, a blog with tips for finding a good roofer and information about what kinds of services a roofer should offer. They also have information about the company and their services, and why a potential customer might want to choose them over another roofing contractor. Reasons they list include the quality and skill of their craftsmanship, their customer service - as reflected by their rave reviews, the fact that they are a “moderately well-organized” company, the quality of the materials they use, and the amount they care about the safety of their clients and their workers. Their workers continue training for as long as they work with No Payne Roofing, so customers can be assured that their roofers have top notch skills and knowledge of all the latest understanding of roofing technology. No Payne Roofing would also like potential customers to know that all customers can contact the owner directly, by call, text or email depending on what works best for them. As the business owner, he’ll always be responsive and care about his customer’s needs.
In addition to year-round roofing services, No Payne Roofing offers some seasonal roofing services such as snow removal and holiday light installation. Anyone interested in further information about the company and their services can contact Mike Payne or visit the website.
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mikemortgage · 6 years ago
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Chevron’s supersized B.C. LNG project a ‘glimmer of hope’ for struggling gas producers
CALGARY — After years of delays and project cancellations, the natural gas industry can finally cheer for a newly expanded LNG export project on Canada’s West Coast.
Chevron Canada Ltd. and Woodside Energy Ltd. filed an application this week to supersize its Kitimat LNG project to a 18-million-tonne-per-annum project with a 40-year export license, rather than the 10-mtpa export facility for a shorter period.
“I would look at it as a positive signal to the natural gas producers specifically,” said Dinara Millington, vice-president of research at the Canadian Energy Research Institute vice-president, adding the application was welcome news after a string of cancelled LNG facilities.
Fed up with low prices, rivals that produce 20% of Canada’s natural gas team up to build own LNG project
Nothing will stop LNG Canada from getting built, CEO says — including a looming legal challenge
‘Crisis of our own making’: Regulatory logjam has cost $100B in cancelled resource projects
Cancelled LNG projects on British Columbia’s coastline include the $36-billion Pacific NorthWest LNG project by Petronas Bhd, Nexen’s $28-billion Aurora LNG project, Exxon Mobil Corp.’s $25-billion West Coast Canada LNG project and some smaller projects proposed by AltaGas Ltd.
Only the Shell Canada Ltd.-led LNG Canada project has proceeded to construction. The project, including the Coastal GasLink pipeline to supply the facility, is expected to cost $40 billion and represents the largest single investment in Canadian history.
“There are projects that were put on the backburner as we saw oil prices fall over the last four or five years and didn’t reach FID (final investment decision) because of the balance sheets of those major players,” said Cameron Gingrich, director of gas services at Solomon Associates.
Many of those balance sheets are in better shape now, the LNG market is showing more supply is needed and the application from Chevron this week shows “a little bit of momentum” in the Canadian market, Gingrich said.
BMO Capital Markets analyst Ray Kwan called the new application from Chevron and Woodside “a glimmer of hope down the line” in a research note and said the facility “could represent a nice source of long-term demand for domestic gas in Western Canada.”
Natural gas producers in Alberta and B.C. have struggled for years with persistently low commodity prices and lack of infrastructure to ship their products to overseas markets.
LNG export facilities link Canadian gas supplies with Asian utility customers, which pay higher prices for natural gas.
AECO gas price in Alberta traded for 49 cents per thousand cubic feet on Wednesday, which is $2.19 per mcf lower than the Henry Hub benchmark of $2.68 per mcf, data from AltaCorp Capital shows.
By contrast, the price of LNG in Japan was $7.32 per mcf.
Kwan said Kitimat LNG, if approved, is expected to begin operating “no later than 2029.”
Chevron also indicated this week that it would comply with new directives from the British Columbia government — which analysts had widely considered to be an impediment to future LNG projects — to contain carbon emissions from the proposed LNG project. The B.C. government announced the new measures as part of its updated climate plan in Dec. 2018.
A Twitter posting from the First Nations LNG Alliance, a support group for LNG and associated indigenous business, showed that Chevron Canada vice-president Rod Maier said his company had committed to using electric power rather than energy from combusting natural gas for the Kitimat LNG project during a conference in B.C.
Chevron did not respond to a request for comment.
The company has not indicated when it could reach a final investment decision on the project but the smaller Woodfibre Ltd., a subsidiary of the Singapore-based RGE group of companies, could reach that milestone and begin construction this year.
“We expect to reach FID by summer of 2019,” Woodfibre LNG spokesperson Jayne Czarnocki said in an email, adding the company would announce construction contractors in the coming months.
Czarnocki added the Woodfibre project in Squamish, B.C. has not been negatively affected by the B.C. government’s requirement that new LNG projects use hydroelectricity to power their operations, as the company had decided to use B.C. hydro power in 2014.
“Our decision to select electric drives (despite higher costs) to minimize air pollution and greenhouse gas emissions will make Woodfibre LNG one of the cleanest LNG facilities in the world,” she said.
If those projects are built, embattled natural gas producers in Canada may be able to see commodity prices closer to the Henry Hub benchmark price for their gas.
“As we move forward in time, our ability to maintain our current market share in the East and Midwest markets is going to become harder over time,” Solomon Associates’ Gingrich said.
“Producers are looking for a way out of town and this would be a potential conduit to get gas out,” he said, adding the LNG facility would have the effect of raising natural gas commodity prices in Alberta and British Columbia, which have become disconnected from benchmark prices in North America.
• Email: [email protected] | Twitter: geoffreymorgan
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landscapingcalgary-blog1 · 6 years ago
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Different Sorts of Landscaping Providers
   There are many alternatives obtainable to you if you are intrigued in acquiring landscaping providers. You should never ever make the decision without getting time and careful thing to consider when choosing a company. You ought to make enquires at several spots to try out and get the ideal offer you can. landscape contractors orlando can request your friend or neighbors, look for the Internet, or go to 1 of the two specialised firms described later on in this write-up. With some time and investigation you can get outstanding high quality work inside of your funds. Some Offered Landscaping Companies 1 of the most common landscaping businesses all around is Relms Landscaping Services. This is an very effectively recognized firm that can develop and develop something your desire. They can also assist you with any landscaping venture you need. They are knowledgeable at maintaining gardens and yards, can support with extra plantings, construct a pond, or sort your very own landscaping firm. They deal with equally household and professional landscaping. Some of the services that Relms delivers are landscape lighting set up, irrigation set up and servicing, garden/turf administration applications, tree/stump elimination, perennial cutback, tree/shrub pruning, walls, walks, patios, redesign, island beds, drinking water gardens, basis plantings and much more. Many moments landscaping companies can give concepts that you could not be conscious of to make all your space occur jointly into a cohesive device. Northwest Landscaping also gives superb landscaping services. They do an exceptional occupation with preserving magnificent flowerbeds, shrubs, lawns as well as weeding, fertilizing, planting and mowing. They feel that you need to be very pleased of your lawn just as they are very pleased of the item that they source. They are focused to producing and preserving all of their properties to the maximum requirements. They are acknowledged for their unparalleled buyer service and have excellent conversation with property house owners. All of their workers are educated pros that are nicely experienced and have excellent experience. This company has proven their perform with more than 140 several years of encounter.  If you have any questions relating to where by and how to use calgary commercial landscaping, you can speak to us at our own web site. More than this time span they have attained and maintained a highly regarded reputation in the landscaping industry. No subject what providers they are providing they are constantly skilled and proactive. Their use of technology, successful programs and competitive pricing will be positive to leave a lasting impression. It does not make a difference which landscaping companies business you choose as lengthy as you just take sufficient time to completely contemplate which firm is the best for your landscaping ideas. You require to truly feel cozy with the landscapers and assured that they will operate effectively with your tips.  
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mountainviewrenos · 4 years ago
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Find out what will legally be required before beginning any building project in Calgary. One of the biggest and most costly mistakes many property owners make is picking up the phone and calling a contractor without thoroughly thinking through the entire project. Without making a list of specifics, details will fall through the cracks which should have been accounted for in bids from contractors. This results in unanticipated expenses.
In the Calgary northwest contractors area, Diversified Concrete Services is a true leader. We are incredibly proud of the fact that we work with more custom home builders than any other concrete contractor in the city. Customers continue to come back to us and refer us to others for a wide variety of reasons. Value, quality, commitment and passion are among the characteristics that rise to the top. We strive to provide these qualities to every customer that we work with.
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mountainviewrenos · 5 years ago
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Calgary northwest contractors
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As one of Canada’s leading general contractors, Clark Builders is passionate about constructing outstanding structures and improving on existing builds.
Calgary northwest contractors Concrete Calgary is strategically located to serve the NE & NW neighbourhoods of Calgary. We are only 5 minutes from Northwest Auto Mall and The City of Calgary Landfills Spyhill in NW Calgary.We know Calgary concrete like no other concrete company in Calgary. Let’s work together on your next project, whether it is the concrete driveway, concrete patio, a concrete sidewalk project, or concrete repairs. Get in touch with one of the best Calgary concrete companies in Alberta and get the peace of mind you need for your next project!
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mikemortgage · 6 years ago
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Imperial Oil restarts Norman Wells, N.W.T., crude output after pipeline repairs
CALGARY — Imperial Oil Ltd. has restarted oil production at Norman Wells in the Northwest Territories almost two years after being forced to suspend shipments on a pipeline threatened by slope stability concerns at a Mackenzie River crossing near Fort Simpson.
The Calgary-based company says it has been shipping oil from storage since last month on Enbridge Inc.’s Line 21 pipeline, which extends from Norman Wells into northern Alberta.
Replacement work on a two-kilometre section of the 870-kilometre pipeline began in May after it received regulatory approval and was completed in September.
Imperial says more than 100 employees and contractors have been working to restart operations and production is expected to increase in the weeks ahead to around 10,000 barrels per day, consistent with rates before the shutdown.
Imperial’s Norman Wells operations will also resume supplying Northwest Territories Power Corp. with electricity.
The operation generates electricity for its own use, and sells surplus power to NTPC, which supplies the town of Norman Wells.
“The return to regular operations will increase economic benefits to the local communities,” said John Whelan, Imperial’s senior vice-president of upstream in a news release.
Companies mentioned in this article: (TSX:IMO, TSX:ENB)
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mikemortgage · 6 years ago
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Imperial safely resumes production at Norman Wells operations
CALGARY, Alberta — Imperial today announced that it has successfully restarted production at its Norman Wells operations in the Northwest Territories following the return to service of Enbridge’s Line 21 pipeline. Imperial had previously resumed limited shipments of crude oil from storage in September.
More than 100 employees and contractors have been working to restart operations, with a focus on safety and protection of the environment. Production is expected to ramp up in the weeks and months ahead to around 10,000 barrels per day, consistent with rates prior to the shutdown.
“We appreciate the support from the Sahtu communities and local residents during the extended shutdown of our operations at Norman Wells,” said John Whelan, Imperial’s senior vice president, upstream. “The return to regular operations will increase economic benefits to the local communities. We are extremely proud of the dedication and hard work by our employees and contractors to achieve this goal.”
Imperial’s Norman Wells operations will also resume supplying Northwest Territories Power Corporation (NTPC) with electricity. The operation generates electricity for its own use, and sells surplus electricity to NTPC, which supplies the town of Norman Wells.
In December 2016, Enbridge proactively suspended shipments on the pipeline due to slope stability concerns on one section of line at the Mackenzie River crossing near Fort Simpson. Following a lengthy regulatory process, replacement work started on the two-kilometre section of the 870-kilometre pipeline in May 2018 and was completed in September 2018.
“Imperial commends Enbridge for its focus on safety to proactively shut down this line as a precautionary step before there was an issue,” said Whelan. “We also recognize the efforts by Enbridge’s employees and contractors to return this line to operation.”
Cautionary Statement: Statements of future events or conditions in this release, including projections, targets, and estimates are forward-looking statements. Forward-looking statements can be identified by words such as “intend”, “expect”, “will” and similar references to future periods. Disclosure related to expected production volumes, benefits from return to regular operations and the resumption of electricity supply constitute forward-looking statements. Actual future financial and operating results, including assumptions concerning project plans, dates, costs and capacities; production rates; production life and resource recoveries; and capital and environmental expenditures could differ materially depending on a number of factors. These factors include changes in the supply of and demand for crude oil; transportation for accessing markets; political or regulatory events, including changes in law or government policy; environmental risks inherent in oil and gas activities; environmental regulation, including climate change and greenhouse gas restrictions; operational hazards and risks; and other factors described in Item 1A of Imperial’s most recent Form 10-K. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to Imperial Oil Limited. Imperial Oil Limited’s actual results may differ materially from those expressed or implied by its forward-looking statements and readers are cautioned not to place undue reliance on them. Imperial Oil Limited undertakes no obligation to update any forward-looking statements contained herein, except as required by applicable law.
After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181022005249/en/
Contacts
Imperial Oil Limited Investor Relations, (587) 476-4743 or Media Relations (587) 476-7010
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mikemortgage · 6 years ago
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‘It’s going ahead’: LNG Canada dreams appear closer to coming true as Shell ramps up in Kitimat
A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a $40 billion (US$30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia.
The action is unmistakable in Kitimat, British Columbia, the Pacific coast city hugging a deep inlet that would be the closest launch point on the continent for LNG cargoes to Asia. The lights are on, shades open and SUVs parked outside a 49-unit apartment complex built to house Shell executives, which sat mostly darkened for the last two years. Local workers have left jobs at a Rio Tinto Plc smelter nearby to join contractors ramping up for the LNG project. Landlords are raising rents and houses are selling twice as fast as they used to in anticipation of a flood of workers coming to town.
“I would put money on it — it’s going ahead,” says Phil Germuth, mayor of Kitimat, who recently hosted a banker from Barclays Bank Plc visiting from the U.K. to examine the project. Germuth also met a group of officials reporting to the board of Mitsubishi Corp., one of the project’s five partners, who visited the site in May.
Petronas buys 25% stake in LNG Canada, a year after scrapping its own project
Shell’s $14-billion contract for Kitimat project a sign B.C. may catch the second LNG wave
Christy Clark: Why B.C.’s LNG has the Aboriginal support that Trans Mountain doesn’t
When Crystal Smith, head of the Haisla Nation whose indigenous lands surround the proposed terminal, was invited to the project site last week by another group from Mitsubishi, she couldn’t find a spot in the usually deserted parking lot.
Goose Bumps
“Who gets excited to see a full parking lot? I got goose bumps from seeing it full,” she said. While she’s met officials in the past as the leader of a community whose consent is integral to the project, she recounts “this meeting was a little different.” There was no agenda. “They just wanted to meet — in the sense that they’re very optimistic we’re going to be together for the next 40, 50 years.”
LNG Canada, as the project is called, is stunning in scale. It proposes to eventually ship as much as 28 million tons a year out of Kitimat, the equivalent of 10 per cent of global LNG supply in 2017. It would carve out a new path — the shortest by days — between North America and Asia for super-chilled gas. For Canada, whose energy exports are sold almost exclusively to the U.S. at depressed prices for the lack of a coastal facility, it means unlocking the Montney, a massive formation holding about half the total reserves of Qatar. It would also mean an investment triple the size of Canada’s largest single infrastructure project to date, LNG Canada Chief Executive Officer Andy Calitz said in a LinkedIn post last month.
Decision Delayed
LNG Canada — comprised of Shell, Mitsubishi, Malaysia’s Petroliam Nasional Bhd., PetroChina Co. and Korea Gas Corp. — expects to make a final investment decision by the end of the year. An exact date is up to the partners to make, Susannah Pierce, spokeswoman for LNG Canada, said in an email.
The project’s backers twice-postponed the decision in recent years amid a global supply glut. That outlook has turned. Energy producers from Shell to Total SA to Anadarko Petroleum Corp. are looking again at projects deemed too risky just a year ago as demand picks up faster than expected.
The LNG site in Kitimat, B.C., in 2015.
“Goodbye gas glut,” Sanford C. Bernstein & Co. analysts said in a June 28 note. New supplies of LNG are “being easily mopped up by rampant market growth.” While only one major LNG project gained approval last year, in the next 18 months some US$150 billion worth of LNG ventures have a better-than-even chance of going ahead, according to Energy Aspects Ltd. Meanwhile, prices in Asia — the biggest market for the fuel — are rebounding.
Calgary-based Stream Asset Financial Management said this week it believes a positive final investment decision “is effectively a done deal” and will be announced earlier than expected, likely in the second or third week of September. National Bank of Canada analyst Greg Colman believes “the probability is weighted towards a positive decision.” His team, using Google Earth, has spotted old storage tanks being cleared from the site, a barge installing piles to expand the pier, and preparatory work for the massive camps that would host thousands of workers.
Tidal Wave
Terrace Mayor Carol Leclerc, whose city 60 kilometres (38 miles) to the north serves as the region’s hub, says she’s “99.9 per cent” sure the project will move forward, citing the flurry of activity. “It’s going to be like a tidal wave coming into the northwest.”
The clock is ticking. British Columbia has set a Nov. 30 deadline for a final decision if the project is to claim as much as $6 billion in tax breaks and savings. Meanwhile, in recent weeks both LNG Canada and TransCanada Corp., which would build the 670-kilometre pipeline to supply the terminal, have selected their main contractors to lock in prices for the project.
Graham Pitzel, a Re/Max real estate broker in Kitimat, says he’s getting calls nearly every day from people in Vancouver, Edmonton, Calgary and Toronto interested in purchasing properties in the town of 8,000 people, speculating prices will surge as the project takes off. Homes used to stay on the market for six months; now the average is half that. He says bungalows never fetched more than $200,000 earlier, but he’s just sold one for $260,000 and has an offer of $290,000 on another.
“I’m building a house because if you try to do it after the project’s going, it’s going to be hard to find a contractor,” Pitzel says. “It’s now or never.”
Duties Exemption
Hurdles remain. The federal government has yet to clarify whether it’ll grant the project an exemption from duties on the complex steel modules needed to build a terminal. Each LNG model can be as tall as a 10-story building and weigh as much as 10 jumbo jets — no Canadian assembly yard has the experience or space to build them along with the water access to ship them to site, according to David Keane, president of the BC LNG Alliance. The federal finance ministry didn’t respond to a request seeking comment.
“We are confident in our position that large, complex LNG modules cannot be made in Canada, and therefore should not be subject goods,” LNG Canada’s Pierce said.
Canada can hardly afford to let another major energy investment flame out. Former British Columbia Premier Christy Clark once boasted that more than 20 LNG projects would be built in the province, yet none has gone ahead.
In May, Prime Minister Justin Trudeau’s administration had to buy Kinder Morgan Inc.’s Trans Mountain oil pipeline system for $4.5 billion to ensure the controversial expansion gets built amid fierce local opposition. While LNG Canada has the support of the provincial government, the proposed TransCanada pipeline route runs near one group of indigenous opponents in northern B.C. pledging to block the project.
Local Support
Still, indigenous and municipal officials say Shell has painstakingly cultivated on-the-ground support and is unlikely to face local opposition. The plant will have the lowest carbon emissions in the world per ton of LNG produced, according to the provincial government. To address fears of pipeline leaks, it hired an energy consultant to lug a vat of chilled gas to local schools, pouring LNG onto the floor to demonstrate how quickly it evaporates into thin air. Amid a national outpouring of grief over a deadly April bus accident involving a junior hockey team from Saskatchewan, Shell donated a new bus with seat belts to a high school in Kitimat.
“If there were a blueprint of how to approach any kind of major industrial project, especially in oil and gas, LNG Canada is one to learn from,” says the Haisla Nation’s Smith.
–With assistance from Michael Bellusci and Kelly Gilblom.
Bloomberg.com
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mikemortgage · 6 years ago
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‘It’s going ahead’: LNG Canada dreams appear closer to coming true as Shell ramps up in Kitimat
A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a $40 billion (US$30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia.
The action is unmistakable in Kitimat, British Columbia, the Pacific coast city hugging a deep inlet that would be the closest launch point on the continent for LNG cargoes to Asia. The lights are on, shades open and SUVs parked outside a 49-unit apartment complex built to house Shell executives, which sat mostly darkened for the last two years. Local workers have left jobs at a Rio Tinto Plc smelter nearby to join contractors ramping up for the LNG project. Landlords are raising rents and houses are selling twice as fast as they used to in anticipation of a flood of workers coming to town.
“I would put money on it — it’s going ahead,” says Phil Germuth, mayor of Kitimat, who recently hosted a banker from Barclays Bank Plc visiting from the U.K. to examine the project. Germuth also met a group of officials reporting to the board of Mitsubishi Corp., one of the project’s five partners, who visited the site in May.
Petronas buys 25% stake in LNG Canada, a year after scrapping its own project
Shell’s $14-billion contract for Kitimat project a sign B.C. may catch the second LNG wave
Christy Clark: Why B.C.’s LNG has the Aboriginal support that Trans Mountain doesn’t
When Crystal Smith, head of the Haisla Nation whose indigenous lands surround the proposed terminal, was invited to the project site last week by another group from Mitsubishi, she couldn’t find a spot in the usually deserted parking lot.
Goose Bumps
“Who gets excited to see a full parking lot? I got goose bumps from seeing it full,” she said. While she’s met officials in the past as the leader of a community whose consent is integral to the project, she recounts “this meeting was a little different.” There was no agenda. “They just wanted to meet — in the sense that they’re very optimistic we’re going to be together for the next 40, 50 years.”
LNG Canada, as the project is called, is stunning in scale. It proposes to eventually ship as much as 28 million tons a year out of Kitimat, the equivalent of 10 per cent of global LNG supply in 2017. It would carve out a new path — the shortest by days — between North America and Asia for super-chilled gas. For Canada, whose energy exports are sold almost exclusively to the U.S. at depressed prices for the lack of a coastal facility, it means unlocking the Montney, a massive formation holding about half the total reserves of Qatar. It would also mean an investment triple the size of Canada’s largest single infrastructure project to date, LNG Canada Chief Executive Officer Andy Calitz said in a LinkedIn post last month.
Decision Delayed
LNG Canada — comprised of Shell, Mitsubishi, Malaysia’s Petroliam Nasional Bhd., PetroChina Co. and Korea Gas Corp. — expects to make a final investment decision by the end of the year. An exact date is up to the partners to make, Susannah Pierce, spokeswoman for LNG Canada, said in an email.
The project’s backers twice-postponed the decision in recent years amid a global supply glut. That outlook has turned. Energy producers from Shell to Total SA to Anadarko Petroleum Corp. are looking again at projects deemed too risky just a year ago as demand picks up faster than expected.
The LNG site in Kitimat, B.C., in 2015.
“Goodbye gas glut,” Sanford C. Bernstein & Co. analysts said in a June 28 note. New supplies of LNG are “being easily mopped up by rampant market growth.” While only one major LNG project gained approval last year, in the next 18 months some US$150 billion worth of LNG ventures have a better-than-even chance of going ahead, according to Energy Aspects Ltd. Meanwhile, prices in Asia — the biggest market for the fuel — are rebounding.
Calgary-based Stream Asset Financial Management said this week it believes a positive final investment decision “is effectively a done deal” and will be announced earlier than expected, likely in the second or third week of September. National Bank of Canada analyst Greg Colman believes “the probability is weighted towards a positive decision.” His team, using Google Earth, has spotted old storage tanks being cleared from the site, a barge installing piles to expand the pier, and preparatory work for the massive camps that would host thousands of workers.
Tidal Wave
Terrace Mayor Carol Leclerc, whose city 60 kilometres (38 miles) to the north serves as the region’s hub, says she’s “99.9 per cent” sure the project will move forward, citing the flurry of activity. “It’s going to be like a tidal wave coming into the northwest.”
The clock is ticking. British Columbia has set a Nov. 30 deadline for a final decision if the project is to claim as much as $6 billion in tax breaks and savings. Meanwhile, in recent weeks both LNG Canada and TransCanada Corp., which would build the 670-kilometre pipeline to supply the terminal, have selected their main contractors to lock in prices for the project.
Graham Pitzel, a Re/Max real estate broker in Kitimat, says he’s getting calls nearly every day from people in Vancouver, Edmonton, Calgary and Toronto interested in purchasing properties in the town of 8,000 people, speculating prices will surge as the project takes off. Homes used to stay on the market for six months; now the average is half that. He says bungalows never fetched more than $200,000 earlier, but he’s just sold one for $260,000 and has an offer of $290,000 on another.
“I’m building a house because if you try to do it after the project’s going, it’s going to be hard to find a contractor,” Pitzel says. “It’s now or never.”
Duties Exemption
Hurdles remain. The federal government has yet to clarify whether it’ll grant the project an exemption from duties on the complex steel modules needed to build a terminal. Each LNG model can be as tall as a 10-story building and weigh as much as 10 jumbo jets — no Canadian assembly yard has the experience or space to build them along with the water access to ship them to site, according to David Keane, president of the BC LNG Alliance. The federal finance ministry didn’t respond to a request seeking comment.
“We are confident in our position that large, complex LNG modules cannot be made in Canada, and therefore should not be subject goods,” LNG Canada’s Pierce said.
Canada can hardly afford to let another major energy investment flame out. Former British Columbia Premier Christy Clark once boasted that more than 20 LNG projects would be built in the province, yet none has gone ahead.
In May, Prime Minister Justin Trudeau’s administration had to buy Kinder Morgan Inc.’s Trans Mountain oil pipeline system for $4.5 billion to ensure the controversial expansion gets built amid fierce local opposition. While LNG Canada has the support of the provincial government, the proposed TransCanada pipeline route runs near one group of indigenous opponents in northern B.C. pledging to block the project.
Local Support
Still, indigenous and municipal officials say Shell has painstakingly cultivated on-the-ground support and is unlikely to face local opposition. The plant will have the lowest carbon emissions in the world per ton of LNG produced, according to the provincial government. To address fears of pipeline leaks, it hired an energy consultant to lug a vat of chilled gas to local schools, pouring LNG onto the floor to demonstrate how quickly it evaporates into thin air. Amid a national outpouring of grief over a deadly April bus accident involving a junior hockey team from Saskatchewan, Shell donated a new bus with seat belts to a high school in Kitimat.
“If there were a blueprint of how to approach any kind of major industrial project, especially in oil and gas, LNG Canada is one to learn from,” says the Haisla Nation’s Smith.
–With assistance from Michael Bellusci and Kelly Gilblom.
Bloomberg.com
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