Premier Clark talks up LNG industry at international conference

Premier Christ Clark spoke of the momentum in the LNG industry during her keynote address at an international LNG conference in Vancouver.

Premier Christy Clark played up the province’s growing liquefied natural gas (LNG) industry in her keynote address at the International LNG in BC conference in Vancouver.

She said she remains positive that construction will take place on some of the numerous proposals for projects, which has doubled since the first annual conference last year.

While she didn’t specifically point out potential challengers for providing LNG in the global market, she said that B.C. will remain an attractive place for investors due to political stability.

“We won’t be anyone’s sole supplier, but we do know that every company wants to have at least one honourable, reliable partner where they know their supply of natural gas will never be imperilled by politics,” she said.

Among other upcoming LNG successes she pointed to an agreement made during his last oversears trade mission which has set a November 30 deadline to finalize a project development agreement with Petronas and Woodfibre LNG. Petronas, with a goal of operating in Prince Rupert, is suggested by Clark to eventually be the first to reach a final investment decision, while Woodfibre is based in Squamish and Clark said may be the first LNG project in operation in B.C.

“With both companies with agreed to finalize our project development agreement by November 30 at the latest. That is the last step before getting to final investment decision…it means B.C. will sit down with both companies and grind in to the detail so we can make sure we have absolute certainty of the numbers. Absolute certainty on all the costs. All the costs that are under government control and that are specific to LNG. That includes certainty on all taxes and the cost of any regulatory requirements.”

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Image courtesy CDC
Confirmed COVID-19 cases in Kitamaat Village

Haisla Nation Council said there are two confirmed cases they are aware of at this time

A coal-fired power plant seen through dense smog from the window of an electric bullet train south of Beijing, December 2016. China has continued to increase thermal coal production and power generation, adding to greenhouse gas emissions that are already the world’s largest. (Tom Fletcher/Black Press)
LNG featured at B.C. energy industry, climate change conference

Hydrogen, nuclear, carbon capture needed for Canada’s net-zero goal

Victoria’s Royal Jubilee Hospital took in two COVID-19 patients from Northern Health as part of a provincial agreement. (Black Press Media file photo)
Victoria hospital takes in two COVID-19 patients from Northern Health

Royal Jubilee Hospital takes patients as part of provincial transport network

An aerial shot of Cedar Valley Lodge this past August, LNG Canada’s newest accommodation for workers. This is where several employees are isolating after a COVID-19 outbreak was declared on Nov. 19. (Photo courtesy of LNG Canada)
52 positive COVID-19 cases now associated with LNG Canada site outbreak

Eight cases still active, 44 considered recovered

The Kitimat River in July. (Clare Rayment photo)
Good News, Kitimat!

Bringing some local good news to your week

Motorists wait to enter a Fraser Health COVID-19 testing facility, in Surrey, B.C., on Monday, Nov. 9, 2020. THE CANADIAN PRESS/Darryl Dyck
Another 694 diagnosed with COVID-19 in B.C. Thursday

Three more health care outbreaks, 12 deaths

A demonstrator wears representations of sea lice outside the Fisheries and Oceans Canada offices in downtown Vancouver Sept. 24, demanding more action on the Cohen Commission recommendations to protect wild Fraser River sockeye. (Quinn Bender photo)
First Nations renew call to revoke salmon farm licences

Leadership council implores use of precautionary principle in Discovery Islands

Ten-month-old Aidan Deschamps poses for a photo with his parents Amanda Sully and Adam Deschamps in this undated handout photo. Ten-month-old Aidan Deschamps was the first baby in Canada to be diagnosed with spinal muscular atrophy through Ontario’s newborn screening program. The test was added to the program six days before he was born. THE CANADIAN PRESS/HO, Children’s Hospital Eastern Ontario *MANDATORY CREDIT*
First newborn tested for spinal muscular atrophy in Canada hits new milestones

‘If Aidan had been born any earlier or anywhere else our story would be quite different’

(Pixabay)
Canadians’ mental health has deteriorated with the second wave, study finds

Increased substance use one of the ways people are coping

An RCMP officer confers with military rescuers outside their Cormorant helicopter near Bridesville, B.C. Tuesday, Dec. 1. Photo courtesy of RCMP Cpl. Jesse O’Donaghey
Good Samaritan helped Kootenay police nab, rescue suspect which drew armed forces response

Midway RCMP said a Good Samaritan helped track the suspect, then brought the arresting officer dry socks

People line up at a COVID-19 assessment centre during the COVID-19 pandemic in Scarborough, Ont., on Wednesday, December 2, 2020. Toronto and Peel region continue to be in lockdown. THE CANADIAN PRESS/Nathan Denette
COVID-19 vaccine approval could be days away as pressures mount on health-care system

Many health officials in regions across the country have reported increasing pressures on hospitals

(Needpix.com)
Pandemic has ‘exacerbated’ concerns for B.C. children and youth with special needs: report

Pandemic worsened an already patchwork system, representative says

Most Read