Bg Canada News

BG Group to Delay LNG Terminal on Canada's Pacific Coast

British oil and gas producer BG Group Plc will delay until the next decade a proposed liquefied natural gas export terminal on Canada's Pacific coast, the Wall Street Journal reported, quoting the head of the company's Canadian unit. "We'd always said (construction would begin) as early as 2016, but we now recognize it'll likely be later, with commercial operations likely beginning early in the next decade," BG Canada President Madeline Whitaker said in an interview with the Journal. Kim Blomley, a spokesman for BG Group, said he could not immediately confirm if the project had slipped into the next decade, but he noted comments by interim Executive Chairman Andrew Gould during a post-earnings conference call on Tuesday.