At one time, about 20 LNG terminals were proposed for the West Coast but the $40-billion LNG Canada project headed by Shell Canada is the only one to reach the construction stage so far. "Forward-looking companies like BP are turning to projects like ours for sustainable, stable gas that will supply a clean energy mix, " said Pacific Oil & Gas president Ratnesh Bedi in a release. "We look forward to working with BPGM to deliver Canadian natural gas from one of the lowest carbon footprint LNG facilities in the world, and help advance the climate goals of growing economies as they phase away from coal, lower their emissions, and meet net-zero targets. " Work on the LNG project was delayed more than a year ago after the main engineering, procurement and construction contractor, McDermott, filed for Chapter 11 bankruptcy protection in the United States, and because of delays in procuring components in Asia during the pandemic. McDermott has since emerged from the court process to continue its contract with Woodfibre, Scott said.
On behalf of the Indian community in the RGE group of companies, we are thankful for the guidance from the High Commission of India in Singapore, and hope our donations will save more lives. In this interconnected global community, no one is safe until everyone is safe. " COVID-19 Pandemic Relief APRIL Group is one of the world's largest pulp and paper producers with operations in Indonesia. PO&G is an independent energy resources company with operations in Canada and China. Indian employees from Apical Group, Asian Agri, Asia Pacific Rayon, and Bracell were also part of the employee donation drive. These companies are part of a group of companies managed by RGE and founded by its Chairman Sukanto Tanoto, who is also founder of Tanoto Foundation, an independent philanthropy whose programs stem from the belief that quality education accelerates equal opportunity. The Foundation harness the transformative strength of education to realize people's full potential and improve lives. This latest donation follows a series of COVID-19 pandemic relief and mitigation efforts by RGE companies and Tanoto Foundation in the communities where they operate, including the chartering of flights to bring masks and personal protective equipment (PPE) to Indonesia in the first half of 2020.
PO&G is an independent energy resources company with operations in Canada and China. Indian employees from Apical Group, Asian Agri, Asia Pacific Rayon, and Bracell were also part of the employee donation drive. These companies are members of the RGE (Royal Golden Eagle) group of companies. About RGE RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60, 000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities.
"We look forward to working with BPGM to deliver Canadian natural gas from one of the lowest carbon footprint LNG facilities in the world, and help advance the climate goals of growing economies as they phase away from coal, lower their emissions, and meet net-zero targets. " Pacific Oil & Gas is a member of the Singapore-based RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations. "The use of renewable energy for e-drive power places Woodfibre – and Squamish – at the forefront of the world's clean energy transition, " said Ron Bailey, president of Woodfibre LNG. About Woodfibre LNG Limited The Woodfibre LNG project is located approximately 7 km west-southwest of Squamish, British Columbia. It involves the construction and operation of a liquefied natural gas (LNG) export facility on the previous Woodfibre pulp mill site. The facility would have a storage capacity of 250, 000 m 3 and would produce approximately 2.
1 (MTPA) of LNG. Woodfibre LNG is a privately held Canadian company based in Vancouver and Squamish, and is a subsidiary of Pacific Oil & Gas Limited. About Pacific Oil & Gas Woodfibre LNG is a subsidiary of Pacific Oil & Gas (PO&G), an independent energy resources development company. PO&G's business includes major investments throughout the energy supply chain, including oil and gas developments, power plants and gas transmission networks, LNG receiving terminals, and the Woodfibre LNG project in Squamish, British Columbia, Canada. Pacific Oil & Gas is a member of the RGE group of companies. RGE manages a group of resource-based manufacturing companies with global operations. #WoodfibreLNG #PacificOil&Gas #PO&G
SQUAMISH, BRITISH COLUMBIA, CANADA – Media OutReach – 7 May 2021 – Woodfibre LNG has taken another step toward shipping some of the world's cleanest LNG to Asian markets, where it can offset coal and displace millions of tonnes of greenhouse gas every year. Pacific Oil & Gas Limited's ( PO&G) wholly-owned subsidiary, Woodfibre LNG, has signed a second LNG Sales and Purchase Agreement ( SPA) with BP Gas Marketing Limited (BPGM), a wholly-owned indirect subsidiary of BP Plc, for the delivery of liquefied natural gas ( LNG) from PO&G's Woodfibre LNG export facility near Squamish, British Columbia. Under the terms of the SPA, BPGM will receive 0. 75 million tonnes per annum (MTPA) of LNG over 15 years on a free on board (FOB) basis. This latest SPA will increase BPGM's total LNG off-take to 1. 5 MTPA, over 70 per cent of Woodfibre LNG's future annual production. "Forward-looking companies like BP are turning to projects like ours for sustainable, stable gas that will supply a clean energy mix, " said Ratnesh Bedi, PO&G President.
#RGE Dailyhunt Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: News Patrolling
These companies are members of the RGE (Royal Golden Eagle) group of companies. About RGE RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60, 000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities. #RGE