FOR IMMEDIATE RELEASE

Vancouver, BC – David Keane, President of the BC LNG Alliance, today made the following statement in response to the BC government’s project development agreement announcement.

“LNG projects are large undertakings that require tens of billions of dollars in capital investment, and therefore require certainty with respect to the fiscal, legal and regulatory framework in British Columbia.  Project Development Agreements provide LNG proponents with further clarity and encourage the development of BC’s LNG industry.  These agreements will help ensure that BC’s nascent LNG industry can compete globally over the long term and will provide thousands of jobs for British Columbians for generations to come.”

BC LNG Alliance
The role of the Alliance is to foster the growth of a safe, environmentally and socially responsible LNG industry in BC that is globally competitive. Members of the Alliance include: Kitimat LNG (Chevron and Apache Canada); LNG Canada (Shell Canada Energy, Petro China, KOGAS and Mitsubishi Corporation); Pacific Northwest LNG (PETRONAS, JAPEX, Indian Oil Corporation, Sinopec and PetroleumBRUNEI); Prince Rupert LNG (BG CANADA); Triton LNG (AltaGas and Idemitsu Canada) Woodfibre LNG (Pacific Oil and Gas) and ExxonMobil.