Close X
Thursday, November 14, 2024
ADVT 
National

Ukraine war proves value of LNG Canada, CEO tells global gas conference in Vancouver

Darpan News Desk The Canadian Press, 10 Jul, 2023 03:24 PM
  • Ukraine war proves value of LNG Canada, CEO tells global gas conference in Vancouver

The head of the LNG Canada export facility in British Columbia says price and supply volatility worldwide since Russia's invasion of Ukraine shows the value of his company's project as a source of "affordable, reliable" and "responsibly produced" liquefied natural gas.

Project CEO Jason Klein has told the LNG 2023 conference in Vancouver that the project is close to 85-per-cent complete and will aim to compete globally, not only on price but also its environmental and social track record.

He says the best example of the value of Canadian energy can be seen in the conference itself, which was originally planned to place in St. Petersburg in Russia, but was moved to B.C. because of the war in Ukraine.

Klein says the event offers an "amazing opportunity to reflect" on the upheaval in global natural gas markets since the invasion, which caused Russia, the world's largest exporter of the commodity, to vanish from global supply lines and key markets including Europe.

The LNG 2023 conference runs until Thursday, drawing multinational energy corporations such as energy giants Petronas, BP and ConocoPhillips — as well as government representatives from key producing countries such as Qatar.

Canadian organizers say First Nations economic reconciliation is a major part of what it wants to present to the global natural gas industry.

First Nations LNG Alliance chair Crystal Smith has told the conference that more extensive Indigenous community involvement is on the way in projects such as the planned Cedar LNG facility in Kitimat, B.C.

MORE National ARTICLES

RCMP says Lytton wildfire probe still active, two years after village's destruction

RCMP says Lytton wildfire probe still active, two years after village's destruction
The Village of Lytton and the Thompson-Nicola Regional District are suing Canadian National and Canadian Pacific railways and Transport Canada, alleging they were negligent to let trains pass through the town during the heat dome. The district says the claim was brought on its behalf by its insurer, the Municipal Insurance Association of B.C.

RCMP says Lytton wildfire probe still active, two years after village's destruction

Series of trailer and skid-steer thefts result in over $150K

Series of trailer and skid-steer thefts result in over $150K
Between May and June 2023, a suspect male has attended various Home Depot locations in Langley, Vancouver, Burnaby, Coquitlam and Port Coquitlam to steal Bobcat510 wheeled skid-steers and trailers. In all five incidents, the suspect rented the skid-steers using a false name, removed the GPS trackers and never returned them.  

Series of trailer and skid-steer thefts result in over $150K

Lack of B.C. transplant surgeons means donated kidneys are sent elsewhere: doctors

Lack of B.C. transplant surgeons means donated kidneys are sent elsewhere: doctors
Dr. David Harriman, a kidney transplant surgeon at Vancouver General Hospital, said between eight and 10 surgeons are needed in B.C. so residents waiting for a kidney can benefit from the organs that were donated in the province. The B.C. Health Ministry said the province had six kidney transplant surgeons in 2018. 

Lack of B.C. transplant surgeons means donated kidneys are sent elsewhere: doctors

New Chinese Canadian Museum opens its doors in historic Vancouver Chinatown building

New Chinese Canadian Museum opens its doors in historic Vancouver Chinatown building
The museum opens its permanent location in Chinatown's historic Wing Sang Building after more than six years of planning, starting with then-premier John Horgan mandating the province's Tourism, Arts and Culture Ministry to establish the institution.  

New Chinese Canadian Museum opens its doors in historic Vancouver Chinatown building

Family appeals to public on one-year anniversary of Port Coquitlam shooting

Family appeals to public on one-year anniversary of Port Coquitlam shooting
Around 1 A-M on June 30th last year, police responded to reports of gunshots. Officers arrived to find 37-year old Mehdi “Damian” Eslahian suffering from gunshot wounds outside a home in Port Coquitlam, and he died at the scene.

Family appeals to public on one-year anniversary of Port Coquitlam shooting

B.C. must urgently change forest strategies or face more wildfire disasters: report

B.C. must urgently change forest strategies or face more wildfire disasters: report
British Columbia's independent forests watchdog is calling for the provincial government to make critical changes to how it manages forests to reduce the risk of catastrophic wildfires. It comes as the largest wildfire in the province's history, the Donnie Creek wildfire, continues to burn out of control in the remote northeast.  

B.C. must urgently change forest strategies or face more wildfire disasters: report