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

One of Chilliwack’s oldest clubs, Toastmasters, hosts an open public speaking event this month

An open house will take place on Oct. 24 at the Mt. Cheam Lions Club Hall at 7:15 p.m.

VIDEO: This is what buying legal pot in B.C. looks like

Take a look inside B.C.’s first and only legal pot shop located in Kamloops

Canada Post supports popular literacy program in Agassiz, Seabird Island

Community foundation awards grant to Story time in the Park

10 things still illegal in the new age of recreational cannabis

Pot is legal – but there are still a lot of rules, and breaking some could leave you in jail

Agassiz, Harrison thank fire crews for battling Mt. Hicks wildfire

Dinner for crews hosted by Agassiz Seniors Community Friday night

Mellow opening to B.C.’s only legal pot shop

About five people lined up early for the opening of the BC Cannabis Store in Kamloops.

Jagmeet Singh says marijuana pardons are not enough

Trudeau government will streamline pardon process for Canadians convicted of simple possession of marijuana in the past

BC Ferries begins taking debit in two-month pilot project

Company is giving customers option to use Interac on two-month trial on select vessels

Caregivers banned from smoking, growing cannabis around children-in-care: MCFD

Ministry has limited cannabis use for caregivers, stating it may “pose a risk to children and youth.”

Cheaper strains sell out within minutes on online BC Cannabis Store

Province says new strains will become available in the coming months

Only 40% of B.C. car dealerships have electric cars available: report

Researchers found buyers frustrated at the lack of options

VIDEO: Millionaire Lottery returns to give back and win big

Since 1996, Millionaire Lottery has raised $52 million for the VGH+UBC Hospital Foundation

Test case challenges a politician’s right to block people from Twitter account

3 people say Watson infringed their constitutional right to freedom of expression by blocking them

Most Read