Seems to be seemingly to supply little assist for producers
Deliveries to start in 2023
When Canada’s Woodfibre LNG terminal comes on-line in a couple of years, it’s extra prone to tighten markets on the Sumas, British Columbia, hub moderately than present a reduction outlet for Western Canadian producers, in line with S&P World Platts Analytics.
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Woodfibre LNG introduced earlier this summer time that it has signed up 100 MMcf/d of its 280 MMcf/d export capability with BP, for supply in 2023. In contrast to LNG Canada, which would supply a direct hyperlink between Western Canadian manufacturing and export markets, Woodfibre would seemingly greater than offset a deliberate enlargement between Westcoast Station 2 and the Vancouver space, and result in a tighter Vancouver/Sumas market.
Woodfibre LNG, owned by the Singapore-based Pacific Oil & Fuel, plans to supply nearly all of its provide from the…