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BC opens doors to Asian investment in LNG

Darpan News Desk BC News Room, 01 May, 2014
  • BC opens doors to Asian investment in LNG
Premier Christy Clark announced Wednesday that she will lead her fifth international trade mission. Along with Minister of Natural Gas Development Rich Coleman and industry delegates, the Premier will travel to Malaysia, Singapore, and Hong Kong to promote the development of British Columbia’s liquefied natural gas (LNG) industry from May 2 to May 9.
 
"BC is on the right path to bring home the generational opportunity of LNG - an industry that will create 100,000 jobs and enough revenue to eliminate our debt," said Premier Clark. "To take the last crucial steps towards final investment decisions, we're meeting with key Asian investors and governments."
 
In addition to expanding trade and investment opportunities between BC and these important markets, Premier Clark will also reinforce the Province’s commitment to building positive business relationships with companies, government officials, and other industry partners interested in helping to develop BC's LNG potential.
 
"Our Province continues to strengthen relationships with international stakeholders to facilitate LNG growth," said Rich Coleman, Minister of Natural Gas Development. "By supporting the development of this new export industry, we are creating unprecedented economic opportunities for the people of British Columbia."
 
The Premier and Minister Coleman will meet with key companies moving forward with LNG proposals in BC. The meetings are being observed as an opportunity to reinforce the province's competitive advantages to new investors, and commitment to deliver clean, reliable energy solutions to the growing economies of Asia.
 
There are 13 proposed LNG projects in BC at the moment. Eight of these have already approved export licences from the National Energy Board. 

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