BEIJING, China, Nov. 9, 2011 /CNW/ - Several Canadian energy companies
joined British Columbia Premier Christy Clark in a trade mission to
China which has set the foundation for a long-term demand for B.C.
natural gas and opened doors to secure investment interest to support
industry's plans to develop liquefied natural gas (LNG) exports.
Companies participating in the 2011 British Columbia Premier's Mission
to China that are currently working towards broadening their natural
gas marketing options include Apache, EnCana, EOG, Nexen Inc., Progress
Energy/PETRONAS, Shell and Spectra Energy. Together the LNG projects
they are investing in, or examining for future development, is expected
to make British Columbia a reliable Canadian LNG supplier to
international markets, including China.
Natural gas is a clean burning fossil fuel that generates lower
greenhouse gas emissions compared to other fossil fuels. British
Columbia has an abundant supply of natural gas.
KITIMAT LNG (APACHE, ENCANA, EOG RESOURCES)
"Premier Clark's trade mission to China is a significant step in
achieving her government's 'Canada Starts Here: The B.C. Jobs Plan'
that looks to open new markets for B.C.'s abundant clean natural gas
resource and securing B.C.'s place in the Asia Pacific Economy," said
Tim Wall, President of Apache Canada. "Kitimat LNG fully supports
Premier's Clark's priority focus on developing a liquefied natural gas
strategy and is working to realize the plan's goal of having an LNG
plant operational by 2015."
Kitimat LNG is a partnership between Apache, EnCana and EOG Resources.
"The advancement of drilling and completions technology has enabled the
cost-effective recovery of shale gas - a game-changing resource for the
world's energy supply," said Marvin Romanow, President and CEO of Nexen
Inc. "Expanding access to international markets is an important option
to add value to this tremendous British Columbia resource and Nexen is
pleased to take part in Premier Clark's trade mission to China."
"Progress Energy and PETRONAS are pleased to help highlight the benefits
of investing in B.C., especially LNG," said Michael Culbert, CEO,
Progress Energy. "This trade mission shows real leadership by Premier
Clark and her government as it builds opportunities for B.C. as well as
our Asian customers."
"The steps the B.C. government is taking to develop LNG export,
including Premier Clark's trade mission to China, helps access global
growth markets for British Columbian and Canadian natural gas," said
Lorraine Mitchelmore, president and country chair of Shell Canada. "We
believe the time to seize this opportunity is now, and Premier Clark's
support will contribute to our own LNG project's success, while
bringing value to the province and delivering energy for the world."
"We believe natural gas can continue to be a major generator of jobs,
investment and economic activity, but it is critical that we develop
new markets for our natural gas. We applaud Premier Clark and her
government for their leadership on this important trade development
initiative," says Doug Bloom, President, Spectra Energy Transmission
West. "Spectra Energy was at the forefront of developing British
Columbia's first natural gas exports over 50 years ago and we look
forward to working with industry and government to develop our next
export opportunity in the Asia-Pacific region."
Based on current estimates, British Columbia could export more than 50
million metric tons a year of natural gas by 2020 - equivalent to 2.6
trillion cubic feet (Tcf) a year. China could easily absorb such an
amount of LNG, given their expected energy needs.
The Government of Canada and Government of British Columbia are
committed to advancing LNG exports to Asia. The Canada Starts Here - B.C. JOBS PLAN commits the Government of British Columbia to working with LNG export
proponents (private sector companies) to bring at least one LNG
pipeline and terminal online by 2015 and have three in operation by
2020 assuming all environmental and permitting applications are
For further information:
Kitimat LNG (Apache, EOG Resources, EnCana)
Senior Advisor Media
Apache Canada T
Vice President, Corporate Relations
Progress Energy and PETRONAS
Director, Public Affairs
NATIONAL Public Relations
Shell Canada Limited