- Canadian natural gas utility FortisBC has entered into an agreement to supply LNG for Top Speed Energy Corp.
- The shipment will happen from Tilbury, British Columbia, to China and will see 53,000 tonnes of LNG a year or about 60 ISO containers a week.
- A strong demand for Canadian LNG in China to be expected.
FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corp. to export to China, reports MarineLog.
The relatively small volumes of LNG involved won’t be shipped by LNG ship, but in containers.
Two-year agreement with FortisBC
The two-year agreement with FortisBC will see 53,000 tonnes of LNG a year or about 60 ISO containers (standard-sized shipping containers) a week.
Tilbury to China
The shipment will happen from Tilbury, British Columbia, to China by the summer of 2021.
The volume of LNG to be exported is equivalent to the volume necessary to heat more than 30,000 average B.C. households for a year.
First of its kind
Douglas Stout, FortisBC vice-president of market development and external relations, said that this was the first agreement of its kind that will see Canadian LNG shipped regularly to China.
He added that there will be a strong demand for Canadian LNG in China.
First Canadian LNG supplier
In 2017, FortisBC became the first company in Canada to supply LNG for export to China.
The shipment was arranged by True North Energy Corp., a new Vancouver company.
LNG transport by intermodal container
Calvin Xu, co-founder and CEO of True North Energy Corp, said that moving LNG by intermodal container allows more flexibility than shipping by tanker, since the containers can be sent to virtually any port.
He also said that by using [intermodal] containers, LNG can be shipped directly from the LNG plant here all the way to the end-users.
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Source: MarineLog
