Monthly Archives: March 2016

VANCITY BUZZ – Opinion: LNG is real, it’s here, it’s clean – so let’s get on with saying yes

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By Barinder Rasode
8:25 AM PST, Wed March 02, 2016

While most of the world is embracing natural gas as a beneficial fuel that reduces air pollution and slows climate change, we can’t overlook voices here at home who say that British Columbia should do everything possible to leave our gas reserves in the ground.These critics prefer to conjure up a world where wind farms, banks of solar panels and electricity generated through hydroelectric sources magically provide all of society’s energy needs.

Alas, that world does not exist.

In reality, Trudeau government officials say the nation’s natural gas production will increase 22% in coming years, with LNG “an important driver” of that growth.

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VANCOUVER SUN – Harvard economist throws support behind natural gas

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By Gordon Hoekstra, Vancouver Sun March 3, 2016

North America should export ‘as much LNG as possible’ to help combat climate change

In a call that is sure to be music to the ears of B.C. premier Christy Clark and those in the energy industry, Harvard Business School professor Michael Porter on Thursday said it’s time to get on with LNG exports to help combat climate change.

“It’s good for the world. It’s good for China. It’s good for lots of other people in the world who really care about climate. We should be exporting as much LNG as possible,” Porter told the Globe conference in Vancouver.

Porter, an economist at the Institute for Strategy and Competitiveness at Harvard, made a case that natural gas is a crucial bridge to getting to a world fuelled by renewable energy such as wind and solar.

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BIV – Future LNG industry could be worth $5.3b per year to B.C. economy: Conference Board

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By Carter Haydu/Daily Oil Bulletin

British Columbia’s LNG sector, if developed, could add $7.4 billion per year over the next three decades to the Canadian economy, of which $5.3 billion would occur in B.C., according to a Conference Board of Canada report released February 29.

“There is a huge opportunity for investment, for economic growth, and for employment at a time when Canada needs all three of those. The risk for not going forward is that you miss that opportunity,” Len Coad, public policy research director, told the Bulletin on Monday.

The report, entitled A Changing Tide: British Columbia’s Emerging Liquefied Natural Gas Industry, considers an LNG industry of three hypothetical projects coming into service between 2021 and 2025, consisting of two larger-scale projects that include two liquefaction trains with a capacity of approximately six million tonnes per annum (mtpa) each, as well as a smaller-scale project that includes a single train with a five to six mtpa capacity.

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VICTORIA TIMES COLONIST – Comment: Malahat LNG plan includes extensive consultation

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Nigel Kuzemko / Times Colonist
February 27, 2016 12:53 AM

As the discussion about our proposed liquefied natural gas project takes shape, we’re seeing critics quoted who continue to make inaccurate claims about the project and about LNG itself.

All of us at Steelhead LNG believe in having a broad and energetic community conversation about our proposed project, and we’re certainly prepared to be challenged by those who have questions or concerns. However, we really hope it will be a discussion based on facts and science, and not on myths and misconceptions.

In the interest of getting it right, I’d like to provide some important details about our proposed Malahat LNG project on the shoreline of the Malahat Nation-owned Bamberton industrial lands.

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