Saturday, September 29, 2012

Canada Set to be a Dominant Global LNG Exporter


Canada Set to be a Dominant Global LNG Export Player:

British Columbia's LNG terminal seems to be on the fast track.
Canada's natural gas future looks bright if it is able to fully utilize its geological advantage and natural gas resource potential. Canada's BC route is just an extra two days shipping to Asia when compared with the Middle East. Here is an interesting update regarding BC's LNG project.

By Faisal Khan 




Victoria, Haisla agree to fast-track LNG project

Deal for Kitimat terminal opens door to first nation band's involvement in future development

By Gordon Hamilton, Vancouver Sun September 15, 2012

The provincial government and Haisla First Nation struck a deal Friday that they say will fast-track the development of another liquefied natural gas export terminal at Kitimat.

In announcing the deal - a framework agreement that enables the Haisla to either purchase or lease a site on Crown land already identified as ideal for an LNG terminal - Haisla chief councillor Ellis Ross said it opens the door to Haisla involvement in future LNG development. Two major terminals have already been announced at Kitimat.

"It is our intent to responsibly develop projects and get them underway so that B.C. and Canada can take advantage of the LNG window that is now in front of us," Ross said at a news conference where he was joined by Energy Minister Rich Cole-man and Aboriginal Relations Minister Ida Chong. "If we are able to do this, the Haisla people will benefit, B.C. will benefit and ultimately, Canada will benefit."

Read More: