Kitsault Energy has been granted an Order from the National Energy Board in Canada to Export Gas in the form of LNG...
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:
1. Kitsault is the closest location to the natural gas rich Northeast British Columbia, Canada to establish a Dedicated Energy Corridor and Export Terminal.
2. It has the infrastructure, 90 houses (three bedroom with basement) and 150 condos (2–3 bedrooms) to house nearly 1000 residents, along with the necessary Recreation Center, Medical Clinic, Shopping Center, Post Office, Bank, Restaurants, Supermarket, etc. ready to occupy.
3. It has full British Columbia Hydro Power service to the entire town site.
4. It can be accessed by road, multiple airports, water, helicopters, float planes, water taxi, etc.
5. It has deep water for a port for navigation of Tankers, Barges, Ships, etc.
6. Sufficient land for FLNG, Land Based LNG, Port, Export Terminal, and other infrastructure.
7. It will save two to three years in project planning, construction of pipelines and other facilities.
8. A project using Kitsault, can save as much as 5 Billion USD from the total cost of the project.
9. The pipeline can be shorter by 100 to 200 kilometers, and savings on this alone can be 1 to 3 Billion USD in cost and 1 or more years of time.
10. Kitsault is a privately owned Fee Simple Property, with 350 acres of land. Additionally, many thousands of acres of land are available if needed.
11. Kitsault is located in the Regional District and not a Municipality. Therefore, industrial and other taxes will be lower with potential savings of hundreds of millions USD or more per year in taxes alone.
12. Kitsault used to be a Molybdenum (used for strengthening steel) Mine, and as a result, extensive environmental assessment has been performed for the site itself as recently as 2012.
13. The pipeline from Northeast B.C. to Kitsault will primarily be along less populated Crown Land and some First Nation’s land with little variation in elevation, and therefore causing the least environmental impact.
14. From Kitsault’s Export Terminal, the Tankers, Barges and Ships can enter the ocean quickly without experiencing any congestion from navigation related to other traffic such as containers or grain loading and unloading as in other ports.
15. Asia will be able to rely for their energy needs, on supplies from the privately owned Kitsault Energy and join as an equity partner to have a long term contract with a stable and reliable supply at reasonable prices from Canada, a strong, vibrant and democratic country.
16. A Dedicated Energy Corridor and Export Energy Terminal at Kitsault will have a tremendous future for other expansion plans benefitting British Columbia, all of Canada and Asia.
17. Investments will be made for First Nations communities for purified drinking water, sewer systems, healthcare, education, job training, jobs, and housing. Kitsault Energy alongside Best Global Talent Agency and Best Cure Foundation are eager to participate proactively in partnership with First Nations.
For more information, please visit:
Founder & President of Kitsault Energy and TeamBest Companies
Director, Community & First Nations Affairs
Director of LNG Projects
Business Development Coordinator