LNG Canada is downplaying any notion that its proposed facility in Kitimat is being threatened.
In a statement, CEO Andy Calitz says they’re still workings towards a final investment decision later this year.
That contradicts earlier reports that Royal Dutch Shell announced a postponement for the northern B.C. project, following a 44-per-cent dip in fourth-quarter earnings.
It was only a month ago that Shell obtained a permit to build an LNG export facility in the area.
Meanwhile, AltaCorp Capital says the Petronas-led Pacific Northwest LNG project on Lelu Island is “more likely to be postponed.”