Centrica And Canada’s Ksi Lisims LNG Sign HoA For Long-Term LNG Supply
The title of this post, is the same as that of this news item from Centrica.
This is the sub-heading.
Centrica and Ksi Lisims LNG LP have entered into a Heads of Agreement (HOA) for the sale and purchase of 1 million tonnes per annum of LNG. Sales to Centrica will be on a free-on-board basis for 20 years and are subject to the completion of a Sale and Purchase Agreement.
These two paragraphs, add more details.
This long-term agreement strengthens the resilience of Centrica’s LNG portfolio, adding reliable supply for its customers during a time of continued volatility in global energy markets.
With this announcement, Ksi Lisims LNG has now entered into long-term supply agreements or Heads of Agreement covering 9 mtpa of its planned 12 mtpa capacity.
The next paragraph shows how LNG is moving towards low-emission and low-carbon.
Ksi Lisims LNG is a proposed 12 mtpa floating export facility located on the northwest coast of British Columbia, developed in partnership between the Nisga’a Nation, Rockies LNG, and Western LNG. It is designed to be one of the world’s lowest-emission LNG projects, using renewable hydroelectricity from British Columbia’s grid to power liquefaction and cut carbon intensity by up to 90 per cent versus conventional plants.
The news item also states that they are in a genuine partnership with the Nisga’a Nation.
How Do Tankers Go From British Columbia To The Isle Of Grain?
I had to ask Google AI this question and received this answer.
Vessels travel from British Columbia (such as the Port of Vancouver or Prince Rupert) to the Grain LNG Terminal on the Isle of Grain in Kent, England, by sailing through the Pacific Ocean, transiting the Panama Canal, and crossing the Atlantic Ocean into the English Channel and the Thames Estuary.
The Maritime Route
Departure: Ships load cargo (such as liquefied natural gas or bulk goods) at a British Columbia port on Canada’s Pacific coast.
Pacific Leg: Vessels head south along the North American west coast or out into the Pacific.
The Panama Canal: Ships enter the canal to shortcut from the Pacific Ocean to the Caribbean Sea / Atlantic Ocean.
Atlantic Crossing: From the Caribbean, vessels cross the open North Atlantic Ocean toward Europe.
European Approach: Ships enter the English Channel, pass through the Straits of Dover, and navigate into the Thames Estuary / River Medway to dock at the Isle of Grain.
It’s a long way.
This Must Be The Ninth Or Tenth Deal, Like This I’ve Found
Perhaps, if we can extract gas in a Canadian low emission/low carbon way from the North Sea, it may be better all round, as the gas wouldn’t have so far to go.
