Construction on the LNG Canada project will start by the end of this year, Andy Calitz, the project’s chief executive, said on Tuesday.
LNG Canada pledged to start construction in 2018 when it announced a delay to FID in July 2016.
“I reaffirm that commitment today,” Calitz said during the Canada Gas and LNG conference in Vancouver.
“External market conditions in terms of oil prices, free cash flow, energy prices and just the supply-demand balance didn’t make sense in July 2016,” Calitz...
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!