Author Topic: Federal Goverment's Kinder Morgan pipeline purchase  (Read 17032 times)

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Offline Colin P

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #125 on: February 26, 2019, 12:11:47 »
Apparently there is concern that there will not be enough Low Sulfur fuel to go around, hence the push for LNG fueled ships 

Offline Chris Pook

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #126 on: February 26, 2019, 13:38:41 »
No coincidence that BC has Natural Gas, intends to use Natural Gas and intends to export Natural Gas ..... in competition with Oil from Alberta.

Oil which also competes with Coal exported by BC.

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Offline Colin P

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #127 on: February 26, 2019, 13:53:47 »
Coal exports are way up, a lot of our coal is for filters and coking. In fact Ridely Terminals is planning a 2nd berth to load LPG. I recently approved a LPG loading arm on their existing coal berth, but they forsee usage conflicts. 1 other LPG loading terminal is underway up there (Pembina) and another proposed (Vopak). also rumour of a LPG terminal in Kitimat as well, along with LNGCanada underway with one final FID to go.

Offline daftandbarmy

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #128 on: February 26, 2019, 22:23:04 »
Coal exports are way up, a lot of our coal is for filters and coking. In fact Ridely Terminals is planning a 2nd berth to load LPG. I recently approved a LPG loading arm on their existing coal berth, but they forsee usage conflicts. 1 other LPG loading terminal is underway up there (Pembina) and another proposed (Vopak). also rumour of a LPG terminal in Kitimat as well, along with LNGCanada underway with one final FID to go.

I'm thinking that China just might just be driving some of that coal demand: https://www.indexmundi.com/energy/?product=coal&graph=consumption&display=rank

I assume they use environmentalists to spark the coking ovens...
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Offline Chris Pook

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #129 on: February 26, 2019, 23:00:00 »
Retired and unemployed Europeans don't need coal.  The Chinese might as well have it.
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Offline Cloud Cover

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #130 on: June 11, 2019, 14:43:15 »
Interesting opinion article in the Financial Post concerning foreign activist investors looking to profit from oil and gas environmental litigation:

"Collusion between foreign interests and local eco-radicals is shackling Canada’s economic potential for years, and perhaps decades, to come, and Canadians have a right to know about this plot. Businesses, once killed, are not easily resurrected. Investors scared off by a hostile investment and legal climate may never return. That impacts real jobs and real people. The facts are known. The question is, what will our government do about it?"

https://business.financialpost.com/opinion/the-plot-to-murder-canadas-resource-sector-is-one-script-hollywood-wont-touch
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Offline YZT580

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #131 on: June 11, 2019, 16:18:59 »
And why, pray tell, is it only in the Financial Post?  It should be front page and above the fold in every major paper and hammered home by the leaders of both major parties together. Silence means collusion.

Offline Colin P

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Re: Federal Goverment's Kinder Morgan pipeline purchase
« Reply #132 on: June 11, 2019, 18:07:06 »
I noticed a good sized stockpile of pipe Just off of Hwy 1 near Hope.

https://www.transmountain.com/news/2019/trans-mountain-corporation-releases-first-quarter-2019-results