Vancouver, British Columbia, Canada (PRWEB) September 01, 2013
The Kitsault Energy Team from British Columbia, Canada is visiting Beijing September 2 – 6 to meet with potential investors and customers in China for the export of LNG and Methanol from Northwest British Columbia, Canada.
Mr. Krishnan Suthanthiran, the President of Kitsault Energy, will be a Speaker at the upcoming Canada LNG Export Forum Conference, September 17-19, 2013 at the Hyatt Regency in Calgary, Alberta, Canada.
Kitsault Energy, will continue to work with potential partners, for upstream, midstream and downstream activities, in Canada and Asia, to expedite the planning, permitting, approvals, establishing strong, positive and mutually beneficial relationship with First Nation Governments, (for education, job training, healthcare, jobs, economic opportunities, and community and regional development) to execute speedy and environmentally friendly construction of the various aspects of the NG, LNG & Methanol supply, operation and transportation.
The Multi Phase Project includes, Phase I-A& I-B, II and III and is as follows: Phase I-A – A rail line from Terrace to Kitsault and a private airport, 48″” Diameter Natural Gas pipeline to Kitsault (Kitsault Gas Transmission Line KGTL), FLNG, and export terminal and facilities for exporting 5 Million Tons LNG or more per year – 8 to 10 Billion USD project estimated cost and time line for shipping LNG, in 2017. Phase I-B Establishment of Methanol production and exportation. Phase II – A land based LNG facility and operation, additional export facility as needed, at an estimated cost of 8-10 Billion USD for producing up to 30 Million Tons of LNG per year, targeted completion in 2020 or sooner. Other opportunities to expand Energy export capabilities as needed in the future – phase III, at an estimated cost of 5-10 Billion USD and completion by 2020 or sooner.
Kitsault Energy (KE) continues to make progress in arranging the financing for the construction of FLNG Ship and Pipeline supplies. KE is having discussions with potential buyers of LNG & Methanol and upstream producers of Natural Gas.
The advantages of Kitsault are: