LNG Canada project in British Columbia given final approval by shareholders
VANCOUVER — Final approval for a massive liquefied natural gas project in northern British Columbia shows that major resource projects can be built in the province, the CEO of LNG Canada said Tuesday.
The future of major energy projects in British Columbia has been at the centre of a debate because of the provincial NDP government’s opposition to the Trans Mountain pipeline. But Andy Calitz said the LNG plant that’s planned for Kitimat on B.C.’s coast and a 670-kilometre pipeline delivering natural gas from the northeast corner of the province shows the way forward.
“It validates the reality that in B.C. projects can be done if it is done in the right way when it comes to resource development through a process of building relationship before we build the project,” he said.
“LNG Canada proves today that British Columbia, the beautiful province of British Columbia, and Canada can monetize our significant, low-cost natural gas resources, that we can access new markets in Asia, that B.C. and Canada can attract foreign investment, that B.C. and Canada can deliver competitive energy projects and take a place on the global map of energy exporting countries.”