Uncertainty over US LNG export policy and pricing mechanisms has delayed the signing of contracts for capacity at proposed Canadian terminals, but those factors will have little impact on which projects move forward, a pair of liquefaction developers said.
Asian buyers have been very interested in Henry Hub-linked LNG pricing mechanisms and have asked for similar arrangements from Canadian liquefaction developers, but those developers are holding out for traditional oil-linked pricing schemes, said Janine McArdle, senior vice president of gas monetisation for Apache, which is a 50% partner in the proposed Kitimat LNG project in British Columbia.
“The
