Originally posted by Richard5
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Last edited by Taiga; Dec 20, 2018, 16:07.
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Originally posted by jazz View Postother LNG project hangs by a thread as well....
https://www.energeticcity.ca/2018/12/the-financial-post-reports-lng-canadas-40-billion-project-in-kitimat-at-risk/ LNG Canada’s $40 billion project in Kitimat ‘at risk’
"Finance Minister Bill Morneau introduced immediate provisional safeguards on seven different steel products in October. As an attempt to block a potential flood of imports from being diverted into Canada because of U.S. steel and aluminum tariffs.
The combination of tariffs and quotas are to remain in place for 200 days pending an independent investigation by the CITT — the quasi-judicial body charged with making a recommendation on whether the evidence warrants the imposition of “final safeguards†lasting three years, reports The Financial Post
LNG Canada it is committed to providing opportunities to Canadian firms yet says it has been unable to find an alternate solution to this problem using domestic suppliers.
This project requires certain steel products, such as energy tubular steel, which falls under the safeguard restrictions (many of which cannot be produced in Canada, the filing states. Example, 40 metre “inner rib pilesâ€) used to build the port infrastructure in Kitimat, which are not fabricated in Canada. Even if they were, the filing states, they could not be safely transported to the remote project site.
“To the extent LNG Canada will need to use imported steel products, it will be because they are required due to a lack of capacity or expertise among domestic producers, and where it is not commercially feasible or physically possible to transport steel products across Canada to the Project site in Kitimat,†the filing states."
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