Hanwha Ocean signs MOU with Kanata Clean Power for proposed B.C. LNG export project
By
Brent Jang
18d ago· 3 min readenNews
Summary
South Korean shipbuilder Hanwha Ocean Co. Ltd. has signed a non-binding memorandum of understanding with Vancouver-based Kanata Clean Power & Climate Technologies Corp. to support the proposed Kanata LNG floating export project in Prince Rupert, British Columbia. The US$15.7-billion project, which partners with First Nations, would export LNG to Asia. The announcement comes shortly before a decision is expected on a separate contract for building 12 submarines for Canada, for which Hanwha is one of two contenders.
Source
bskyHanwha Ocean signs MOU with Kanata Clean Power for proposed B.C. LNG export projecttheglobeandmail.comKey quotes
· 3 pulledShortly before a decision is expected on a contract to build 12 submarines for Canada, one of the two companies in the running has announced a memorandum of understanding to support plans for the fledgling Kanata LNG project in British Columbia.
Seoul-based shipbuilder Hanwha Ocean Co. Ltd. entered a non-binding MOU with Vancouver-based Kanata Clean Power & Climate Technologies Corp., a development company that partners with First Nations, for the proposed development of Kanata LNG, a floating export project planned for Prince Rupert.
The project, with a capital cost estimate of US$15.7-billion, would export LNG to Asia
The project, with a capital cost estimate of US$15.7-billion, would export LNG to Asia
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