B.C. LNG bid still alive as Shell group eyes Kitimat siteOctober 27, 2017 11:37 am
A $40 billion liquefied natural gas (LNG) plant proposed for Kitimat is still very much alive, says the CEO of LNG Canada—but senior governments may need to address tax competitiveness before Shell and its three partners can make a final investment decision.
“I actually believe that B.C. will have an LNG industry, that there is societal support for an LNG industry from B.C. and … I believe specifically the LNG project can and will happen in B.C.,” Andy Calitz told Business in Vancouver, following an address to the Greater Vancouver Board of Trade (GVBOT) September 22.
LNG Canada is a joint venture company composed of the four global energy companies that have proposed the Kitimat project.
Michelle Mungall, the BC NDP’s new minister of energy, mines and petroleum resources, seemed to share Calitz’s optimism, and said her government is considering some of the concerns the consortium – Shell, Mitsubishi, Korean Gas Corp. and PetroChina – has expressed about moving forward.
Categorized in: Western Investor