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.”


Just Posted

Kitimat registers biggest drop in property assessments

The residential property in the north with the highest value was $2.892 million

Former mayor Ray Brady passes away

“What I can say is that he was passionate about his beliefs and he would fight for them.”

CDC’s housing section looking for new home

CDC executive director says it has until Jan. 31 to move out.

Shames Mountain named one of the world’s Top 10 ski resorts

The UK magazine listed Shames alongside Whistler and hills in Italy, Japan and Austria

Who wants to live here?

Northwest governments partner on marketing plan to attract workforce, residents

VIDEO: Orcas put on a show near Hornby Island

Louis Jobodin shares photos and video of his experience

Sunwing vacation passengers left at Abbotsford airport

YXX staffers receive praise for help to passengers; airline criticized

Ice dancers Virtue and Moir to carry flag for Canada at 2018 Olympics

The pair earned a gold medal at the 2010 Vancouver Olympic Games

Diplomacy on agenda at North Korea summit in Vancouver

Foreign ministers from 20 countries are meeting Tuesday to discuss security and stability on the Korean Peninsula.

Kids chained in Calif. house of horrors; parents arrested

Authorities say an emaciated teenager led deputies to home where her 12 brothers and sisters were locked up in filthy conditions

‘Reprehensible’: Trudeau abortion policy raises ire of U.S. right

“This man is reprehensible,” tweeted former White House staffer Sebastian Gorka

‘I shouldn’t have to have a husband:’ Winnipeg woman criticizes men-only club

Jodi Moskal discovered the Winnipeg Squash Racquet Club continues to ban women as members, as it has done since opening in 1909.

Japan public TV sends mistaken North Korean missile alert

The false alarm came two days after Hawaii’s emergency management department sent a mistaken warning

Most Read