LNG

LNG Canada FID awaiting tariff ruling

The Shell-led LNG Canada venture is waiting for a court ruling on Canadian tariffs before making an FID
By Staff reporter 7 August 2018 0 32053

The Shell-led LNG Canada venture is waiting for a court ruling on Canadian tariffs before making an FID, The Globe and Mail newspaper reported on Monday.

The Federal Court of Appeal will rule next month on whether imported modules for the proposed 13 mtpa project, which will be located in British Columbia, should be considered “fabricated industrial steel components” that would be subject to Canadian tariffs.

The tariffs could add at least $1 billion to the cost of the project, which...