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Premier Says Trade Mission Advanced LNG

Sunday, May 11, 2014 @ 4:58 AM

Victoria, BC – The Premier has returned from a trade mission to Asia, where she met with proponents backing LNG proposals in BC.

During the seven day trip to Malaysia, Singapore, and Hong Kong, Christy Clark signed a Letter of Intent with Woodfibre LNG to advance the growth of liquefied natural gas in the province.  Woodfibre LNG is proposing a LNG processing and export facility on the site of a former pulp mill near Squamish.  She also signed a Letter of Intent with Petronas – Malaysia's national energy company proposing to build a $1.1-billion dollar facility in Port Edward – promising to work collaboratively to secure long-term investment in BC's LNG sector.

"Each milestone we cross means getting closer to final investment decisions – any one of which would be the biggest private-sector investment in BC's history," says Premier Clark.

Minister of Natural Gas Development, Rich Coleman, says "The trade mission gave us an opportunity to reinforce the province's competitive advantages to new investors and existing partners."

 

Comments

This LNG had better oak out one day.
If not christy will have to eat her shorts.
Someone please wake me when some shovels hit
the dirt.
YAWN.

LNG s way down the road if at all, what about mining, Forestry, Tourism, Ranching , Farming there here today and get little attention. If e get a plant it wont happen for 6 -7 years the rest of the economy needs attention

They have been working on a plant in Kitimat for over a year now. When we head up the channel to go fishing will be interesting to see how far along it is. They were ferrying workers by boat last year but there should be a road built in to the site south of the Haisla partnership by now. The Haisla were building road to their LNG site last year as we’ll. Google Kitimat LNG and you should get some info on the projects.

Waiting for Palopu’s standard ‘con job’ post. After all, what do people in the oil and gas industry know? They’re just throwing money away, I guess.

“The trade mission gave us an opportunity to reinforce the province’s competitive advantages to new investors and existing partners.”
——————————————–

JohnnyBelt:- “After all, what do people in the oil and gas industry know? They’re just throwing money away, I guess.”
——————————————-
Not hardly. But if they’re so in the ‘know’ already why does the government have to “reinforce the province’s competitive advantages”? Even you’d have to admit this sounds a little strange if they obviously ‘know’ what those competitive advantages are. Unless there’s going to be some ‘additional’ competitive advantages ‘given’ to seal the deal. And if that’s the case, just what are they?

socredd: “Unless there’s going to be some ‘additional’ competitive advantages ‘given’ to seal the deal. And if that’s the case, just what are they? “

There’s a lot probably still up in the air at this point. Like anything, there are no guarantees.

Despite the media coverage, we are still in the early days of LNG. It is a competitive industry, with many players already in the game. The faster the government can get its act in order to getting ‘shovels in the dirt’, the better the chances of success.

Hopefully all will turn out well, and LNG developments will live up to expectations.

But there seems to be several differences between the current government and the one WAC Bennett led so successfully for so long.

Even though it was also predicated on continual resource developments, Bennett always over-estimated the expenditures and under-estimated the revenues.

And it seems to me that Christy Clark is doing just the opposite. I think the BC Liberals are in the habit of confusing some things with others, perhaps purposefully, but more likely because they simply don’t see the difference.

Things like ‘inflation’ and ‘prosperity’, for instance. And ‘jobs’ and ‘incomes’.

That’s a bad habit for anyone who wants to survive in government to get into, for eventually they get to the point where they can’t tell the difference between ‘profit’ and ‘loss’. And the latter falls on us.

This LNG is more of a symptom of bad trade policy more than anything. The globalists gave us a Detroit economy that sucks the life blood out of entire industries, and to balance the trade deficits they need to sell all our strategic natural resources to maintain their program.

We allow free trade for foreign imports that don’t have to meet North America standards. They subsidize their profits with slave labor camps overseas, lax to no environmental regulations, no accountability for worker safety, inferior product quality, and currency manipulations. They use these advantages through our globalist run trade policies to gut our domestic industries that operating in places like Canada.

Right now they are content to ship our factories and mills over seas, but the Chinese are not dumb… they have the factories now and sooner than some might admit they will control the research and development as well, and our industries will never stand a chance of retooling a domestic industry of our own. So we will be left with nothing else to trade, but our raw resources.

Selling our energy resources overseas is another knife in the back to a sovereign domestic economy. Instead of the energy advantage going to domestic industries we level the playing field under ‘free markets’ and we have nothing left to compete with.

They have us in all the other areas, because a communist regime has no accountability when they enslave their people and disregard all that we value in order to win the economic war. We don’t trade by fair trade rules, we undermine free enterprise and our middle class, or small to medium sized businesses… all in the name of globalist free markets that monopolize entire industries through finance and off shore production enabled by a bought and paid for corpocracy of a political class.

If we don’t sell them natural gas, then with current globalist trade policies the Chinese will soon own all our realestate and what ever is left of our industry… and with that they will control our political system as well. The globalists need exports of raw resources to fuel the profits they make on imports. Its all about the 1% and has nothing to do with what is best for our national economy.

Harper is busy working for the 1% banksters signing free trade and investment deals in China, Europe and the Pacific doubling down on Detroit enabling trade policies. These deals kill national industries and are part of what Harper calls ‘enlightened sovereignty’ meaning national sovereignty is surrendered to international tribunals run by and for globalist corporate interests that have authority even over the Supreme Court of Canada through these trade deals enshrined in law. Its like the new constitution for globalists that by passes our traditional constitution… a duel track system of law… one for the ‘citizens’ and the other for our over lord corporate globalist banksters.

For Christy Clark she sees LNG as a savior for jobs. A way to balance the trade imbalance more so in Canada’s favor through the natural resource exploitation strategy… that through its inherent inflation further erodes the viability of local manufacturing jobs. An illusion of wealth while the real economy gets further undermined from an influx of foreign imports and capital based inflation, but less and less homegrown wealth.
For both provincial and federal politicians they sell out energy reserves, and the national competitive advantage in energy to pay for a trade imbalance that takes our jobs away from us through unfair enforcement of manufacturing standards or otherwise government subsidies through lax regulations and outright currency manipulation. We will live in a future where we exported our production capacity through capital transfers of factories, mills, and plants overseas where they can and do undermine our national industries for takeover, now control the technology and manufacturing process, and soon it will be not just a jobs problem, but a national security issue as well as countries like China become more assertive of their new found capabilities. Future generations will be left with nothing more than debt and debt slavery to the new economic masters of the world that don’t give a wit about human rights, environmental standards, democracy, or even international law… and these future generations of Canadians will have no manufacturing capacity to provide opportunity and options as it has all been exported.
If the economy was not sold to China for the 1%’er profits, than our collective standard of living would not have flat lined the last 30-years, and we would now have a much more diverse and sustainable national economy today. The paper wealth of places like Vancouver would not have been so extreme, and the real wealth of places like Prince George and rural BC would have sustained more of its value.
Exporting our natural resources as the policy to secure jobs will never make up for all the unrestricted imports we receive that make the Canadian producers uncompetitive. It is a cover policy, the export of natural resources like oil and gas, to cover for the failed (from a national perspective) the free trade and investment agreements that are gutting the economy to enrich the select few bankers of globalized finance.
We should be very careful about enabling policy that leads us down a path to eventual economic slavatude. The current free market policies are multinational driven policy sold to us by the best partisan propaganda and lobbyists money can buy. Even our own tax dollars are in on the act of dressing up a stinking turd of an economic policy trajectory with this globalized free market monopoly capitalism word jingoism that makes it sound patriotic and creating a mirage of jobs… so vote for XXXX.
So in short people need to realize who it is they are voting for when they are sold all the election slogans. Politicians at all levels should be speaking up, educating themselves of the issues, or stepping aside for those that will. Losing this economic war will meaning losing our eventual democracy and freedoms, our way of life and standard of living, it will mean a future controlled by the few and for the few. Such a world as Harper can rationalize ‘enlightened sovereignty’ as a reason why globalization all has to be that way. ‘Enlightened sovereignty’ being one that is determined by globalized multinational corporations based rules (through trade and investment agreements), that have power over national governments. So I think we all need to think about how these policies effect our lives when supporting politicians with blank check support.

Our local saw mills are going over seas, our pulp mills are all being bought by the Chinese state controlled corporations to supply raw resources overseas for value added processes, soon they will control the land base through area based tenures, their lobbiest set policy in the halls of our government… and the LNG plan is a way to continue paying the bills for the gutting of our economy. This policy has nothing to do with building a sustainable free enterprise local economy. Its all about government revenue, trade balances, and some short term jobs for ‘temporary’ foreign workers.

IMHO

ExxonMobil PNG Ltd. reported the early start of LNG production from the $19 billion Papua New Guinea LNG project’s first train. The project, which is expected to produce more than 9 tcf of gas over an estimated 30 years of operations, remains on target to send out its first LNG cargo to Asia before midyear, ExxonMobil said.

I agree with a good portion of your comment Eagleone, it sums up the situation we have allowed to happen quite accurately.

Unlike Johnny Belt’s comment, yours was an enjoyable read containing a lot of substance.

Peeps, you’re like a broken record.

And PS, if you really read Eagleone’s posts (especially the anti-Israel ones), you might not be so quick to jump on his bandwagon.

Eagleone hit the nail on the head with his post.

Woodfibre LNG is privately owned by Singapore-based RGE Pte. Ltd. which is a subsidiary of Sukanto Tanoto’s RGE Group (Royal Golden Eagle)

The other MOU was with Malaysia’s State owned PETRONAS.

Christy is taking us down a path from which their is no return.

Do we actually believe that our Premier who got elected by telling fibs, and handing out hot dogs can actually deal with the Multi National Corporations and come out with a good deal for BC. Highly unlikely.

We would be far better off to leave the gas in the ground, or use it to generate electricity and scrap Site C, than to deal with some of these people.

Look at the whole picture people. We are being sold out. LNG , Alberta oil sands . Black has the right idea and so does the mayor of Kitimat, I cannot wait until this premier is gone .Harper next month makes the call on the pipeline . I am starting to back the first nation people,, And on saying that,,, hope that they never SELL OUT . they are our only hope of not being raped.

Johnny we all know why you are here. To create innuendo, fake indignation, and name calling when you can’t defend your agenda. You would be the first in line to sell out this country if it meant your pocket was getting lined and it really shows.

Johnny if you wanted to debate Israeli apartheid sometime then bring it on any time. What is with the slights that have no substance?

Heck US Secretary of State John Kerry even said this is the Netenyahu agenda (apartheid) this last week at a Council of Foreign Relations meeting (not reported by mainstream media of course). The reason why Netenyahu torpedoed the peace talks Kerry said (either Israel will be an apartheid rouge nation, or it will loose its Jewish hegemony because of failed talks).

Netanyahu passed a law this week declaring Israel a Jewish state, announced another massive settler building program on Palestinian lands, and scuttled the peace process denying the Palestinians a state of their own making them unrecognized wards of the state of Israel with no civil, political, or sovereign rights what so ever. It has no other name for it but apartheid. The world knows this and the world has given Israel plenty of rope in which to hang its epitaph on. History will judge Israel harshly.

I have no shame in speaking against evil, the least of which is any shame from the likes of Johnnybelt and his indignation of the truth.

I don’t like Israel, not because I am a friend of Palestinians, but rather because Israel was a state set up by the globalist Rothschilds and their bankster minions that use the state powers of Israel to spy on our nation, set up rouge intelligence gathering operations deep withing our own countries with which to manipulate our political discourse, steal our industrial secrets, and fix our so called free markets… all with a means to the end of consolidating global finance and its power over a corpocracy of ‘free markets’, and should things go wrong the protection of the sampson option of nuclear retaliation for anyone that tries to stop that rouge state from protecting its denizens of thieves that use the state powers as a shield from criminal accountability for their crimes committed elsewhere in the globalist agenda. Their treatment of Palestinians just shows their true colors, and is a harbinger of our future should we turn a blind eye to their agenda. It is truly an ugly disgusting and scary truth about the world we live in, but if people don’t speak out we may as well walk into the proverbial trains that will take us away without a fight.

Israel is about evil banksters co-oping a religion and memories of a despicable holocaust to captivate a people that live in fear… pushing the politics of zionism towards a hegemony of political power that can protect a limited few from accountability for their crimes. Real Jews of the Torah are used for the tribal mentality to create a loyal army of sayanims, but are nothing but cannon fodder and collateral damage to the true agenda of those that push the zionist agenda around the world from Soviet Russia, to today’s Ukraine, to the financial capitals of the world and beyond. These hard core zionists really believe they will one day rule to world from Jerusalem in a one world order or destroy the world trying. So far they have had nothing but success. If WW3 happens you can be guaranteed the people behind it will be hiding out in Tel Aviv bunkers.

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