Natural Gas Development Minister Rich Coleman meets with Japan Petroleum Exploration Company president Osamu Watanabe in Tokyo last week.

Japan wooed as B.C. LNG customer

Natural Gas Minister Rich Coleman tours Tokyo head offices after Japanese ambassador warns B.C. risks losing world's biggest customer

After a warning from Japan’s ambassador to Canada that the window is closing for the world’s largest customer of liquefied natural gas, Natural Gas Development Minister Rich Coleman has completed a sales trip to Tokyo.

Coleman met with Japanese government officials and major industrial players including Japan Petroleum Exploration Company Ltd. (JAPEX), a partner in the Pacific Northwest LNG project proposed for Prince Rupert.

Another stop was at Mitsubishi Corp., a partner in the LNG Canada project with Shell, PetroChina and Korea Gas with an export terminal proposed near Kitimat. Mitsubishi has also invested $2.9 billion in gas development in the Montney shale formation near Dawson Creek.

Japan’s official warning came after federal Environment Minister Catharine McKenna delayed by another three months a decision on its environmental permit for Pacific Northwest LNG’s terminal at Lelu Island. The permit is one of the last conditions specified by Malaysian state company Petronas and its partners, but the process has dragged on twice as long as the original one-year estimate.

“The global LNG market has changed drastically from a seller’s market to a buyers’, and competition among LNG suppliers is increasing,” Japanese Ambassador Kenjiro Monji said in a letter to the Canadian Environmental Assessment Agency.

“As LNG exports are usually based on long-term contracts, should Canada miss a window in demand for LNG, the next opportunity may be 10 or 20 years in the future.”

B.C. has 20 LNG export proposals, but slow approvals and protests have delayed the B.C. industry as the U.S. and other countries have moved ahead.

One vote of confidence came in late March, when Exxon Mobil applied to extend its LNG export licence from 25 to 40 years. Exxon Mobil and its Canadian subsidiary Imperial Oil have proposed an export facility based either at Kitimat or Prince Rupert.

 

Just Posted

Vancouver Island pharmacist suspended for giving drugs with human placenta

RCMP had samples of the seized substances tested by Health Canada

Hack sends malicious emails from Alberni School District

Tofino and Ucluelet residents urged not to click on attachment.

VIDEO: Surfrider Foundation invites Tofino council candidates to cigarette butt cleanup

“I am picking up butts for Surfrider so they don’t wash down the drains and get in the ocean.”

Campfire ban coming into effect across West Coast

The Coastal Fire Centre says bans will begin on Wednesday

Get ready for a week of sunshine across Vancouver Island

Environment Canada is forecasting temperatures in the high teens all this week

Video: Flyers new mascot ‘Gritty’ a bearded, googly-eyed terror

The Philadelphia Flyers unveiled their new mascot Monday, and as one would expect of the team that gave us the “Broad Street Bullies,” he’s far from cuddly.

Vancouver Island designated as foreign trade zone

Designation simplifies importing and exporting and provides duty relief

Edmonton cannabis company revenues more than triples to $19.1 million

Aurora Cannabis revenues more than triple in fourth quarter

Seattle one step closer to NHL after arena plan approved

Seattle City Council unanimously approved plans for a privately funded $700 million renovation of KeyArena

Harvest Moon to light up B.C. skies with an ‘autumn hue’

It’s the first moon after the autumn equinox

Hockey league gets $1.4M for assistance program after Humboldt Broncos crash

Program will help players, families, coaches and volunteers after the shock of the deadly crash

Canada has removed six out of 900 asylum seekers already facing U.S. deportation

Ottawa had said the ‘overwhelming majority’ had been removed

Appeal pipeline decision but consult Indigenous communities, Scheer says

The federal appeals court halted the Trans Mountain expansion last month

Most Read