US PE Firm Leveraging Canadian LNG Exports – Report

With private equity’s help, Canada is out-pacing the United States to be the first exporter of liquefied natural gas (LNG) from the North American shale bonanza to Asia’s US$150 billion LNG market, reports Bloomberg. An LNG facility located near Kitimat, British Columbia, to be managed by Douglas Channel Energy Partnership (DCEP), is backed by Texas-based private equity firm LNG Partners. LNG Partners has undertaken the project in partnership with the Haisla Nation aboriginal community, according to DCEP’s website.

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