Related Articles
Forward article link
Share PDF with colleagues

Chevron and Apache team up at Kitimat LNG project

Chevron has shaken up the race to export liquefied natural gas (LNG) from Canada’s west coast by teaming up with Apache to develop the Kitimat LNG project

In a series of transactions announced on 24 December 2012, Chevron bought out Houston-based EOG Resources and Calgary’s Encana Corporation’s 30% interests in the proposed 5 million tonne per year (t/y) Kitimat LNG export terminal. Apache, which had a 40% interest in the project, then bought a 10% stake from Chevron, making the pair equal partners in the development. Chevron will operate Kitimat :LNG. The companies have also established a 50:50 upstream joint venture, operated by Apache, to develop 655,000 acres of undeveloped lands in the shale-gas rich Horn River and Liard basins. Any discoveries made on the acreage will be developed as feedstock for Kitimat LNG. Neither EOG nor Encana di

Also in this section
Energy Web Atlas - LNG web application coming soon
21 August 2017
Developed with the needs of the LNG sector in mind, this interactive global atlas will allow you to filter and zoom into your specific areas of LNG interest. With a wealth of up-to-date, accurate information this tool will enable you to make informed, faster decisions with confidence. Get a whole new perspective on the LNG sector.
The future is supercharged
11 August 2017
Electric vehicles are increasingly central to government policy and car manufacturers' plans alike. What does their uptake mean for the energy sector?
Uganda-Tanzanian pipe dream
10 August 2017
The Uganda-Tanzania oil pipeline route is close to becoming a reality. Kenya will have to go it alone