Analysis: LNG Export from British Columbia Offers Great Potential for Economic Growth
Posted on Oct 11, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Analysis: LNG Export from British Columbia Offers Great Potential for Economic Growth
An analysis carried by the Globe and Mail of the LNG export projects proposed in British Columbia concludes that the projects offer great potential for economic benefits, particularly in the communities surrounding Kitimat, British Columbia. The piece notes that the British Columbian projects have the advantage of shorter shipping distances to markets in Asia compared with competing LNG suppliers in Australia and Qatar. Finally, the analysis also reports that the developers of the Kitimat LNG export facility expect to receive export approval from Canada’s National Energy Board within the next several days.