Is liquefied northern gas shipped to overseas markets a viable project? These guys think so.
From the Calgary Herald:
CALGARY - Apache Corporation has applied to become Canada's first exporter of liquefied natural gas, setting in regulatory motion a new outlet for an over-stocked, under-priced resource.The Kitimat project is worth following for unit cost comparison to the Valdez Alaska Gas Pipeline alternative.
The largest independent oil and gas producer in the United States filed for a 20-year licence to export super-cooled gas from a proposed terminal in Bish Cove, British Columbia, according to subsidiary Apache Canada Friday.