Our newsletter 09 June 2022
Following LNG Canada’s final investment decision (FID) in October 2018, one face emerged from the crowd of people impacted by the decision – that of Crystal Smith, chief councillor of Haisla Nation, on whose traditional territory LNG Canada will be built.
“The Haisla Nation has studied the LNG industry for more than 10 years, and we recognized early on that there was value in us joining the global stage to ensure our voice and our values are contributing to a better future,” she said.
“I am here because I want to do what is right for my community, but I also recognize how much more we can achieve when industry, government, customers and society work together,” she said.”
These quotes, and much more, in a newsfeature from LNG World News at the World Gas Conference in Korea. Read it here: http://ow.ly/gKX950Jq01z
(Crystal Smith is also chair of our Alliance.)
First Nations participation in LNG
Our CEO, Karen Ogen-Toews, spoke with host Kelly Ogle on an Energy Security Cubed podcast produced by the Canadian Global Affairs Institute.
- On world demand for LNG, and its future: “What I see is that Indigenous people are becoming part of these major projects, not only in BC but in Canada as a whole, but I really believe that Canada needs to get up to par with the rest of the countries. . . . We need to be part and parcel of the LNG demand that’s growing across the globe.”
You can listen to it all here:
- Apple Podcasts: http://ow.ly/vTmf50Jp7sr
- Spotify: http://ow.ly/ntTL50Jp7yT
- Google Podcasts: http://ow.ly/mMZR50Jp6NC
The Repsol LNG plant in Saint John NB
LNG exports from the East?
The federal government, which in February vetoed the planned Energie Saguenay LNG export project in Quebec, has suddenly decided that LNG projects in the Maritime provinces could be acceptable, to export LNG to Europe.
Thus we have federal officials talking with two potential LNG exporters.
But we note in our blog there are two catches:
First, Natural Resources Minister Jonathan Wilkinson says Canada would be looking for any new LNG facility to use a low-emission process for gas. But there are no federal standards or numbers yet to enable anyone to know what to expect.
Second, Wilkinson says the feds would also expect that any new LNG plant in the east be capable of transitioning to exporting hydrogen later on. That may not be as simple as it sounds.
Canada has broadcast a hydrogen strategy, but, as with LNG exports from the east, we have yet to see federal enthusiasm turn into federal enthusi-action.
- Read it all here: http://ow.ly/3Gxv50Jpc3R
Meanwhile, gas exporters believe there is growing support in Canada for an East Coast LNG plant: http://ow.ly/GX7150JrTlJ
Big spending seen for gas and LNG
The small-scale Port Edward LNG project near Prince Rupert (illustration above) is talking of spending $300 million to develop a plant that will offer LNG in containers, for export and for communities and operations that now use diesel to generate power.
“We’re roughly 1% the size of LNG Canada, both in terms of our capital cost and our production output,” says Port Edward LNG President Chris Hilliard.
But market-watchers at Alberta’s Canadian Energy Centre report that capital spending on natural gas in Canada could hit nearly $102 billion over the next decade.
“Canadian upstream oil and gas investment could reach over U.S. $356 billion, an average of over U.S. $35 billion per year.”
- More on this: http://ow.ly/YgMU50JpeZX
- And more on Port Edward LNG: http://ow.ly/WIqM50JpcKn
BC gas royalties and reconciliation
The Resource Works Society looked at BC’s new system for natural-gas royalties, gave it a thumbs-up, and reported this: “Far from the industry’s death knell, BC’s new natural gas royalty framework may hold the key to economic reconciliation with Blueberry River First Nations.”
And it added: “Overall, the BC government’s changes have gone a long way to repairing the natural gas royalty framework. By ensuring a system based both on revenues after costs and tied to prices, the government has ensured that reforms are structurally positioned to provide an environment of long-term benefit to British Columbians while preserving the province’s valuable natural gas industry.”
- Read more: http://ow.ly/3vkc50Jpesm
ALSO IN THE NEWS
- Jason Klein, CEO of LNG Canada: The world needs Canadian LNG: http://ow.ly/2BjT50JsAKe
- Alberta court tells Ottawa: Overruling #Indigenous resource projects ‘smacks of paternalism.’ ly/vn3z50JqU93
- Joseph Quesnel: LNG overlooked as a solution to get remote Indigenous communities off diesel: http://ow.ly/F6e450JpWt4
- Deborah Jaremko: A golden opportunity for Canadian natural gas as coal use around the world is rising: ly/NrnR50JmAVj
- 30 more LNG-powered ships were ordered in May (and there now are 805): ly/htEl50JoJll
DATES
- Wednesday June 15, from the First Nations Public Service Secretariat, a Fireside Chat with Joe Bevan, former elected chief and councillor with Kitselas Nation. Info/register http://ow.ly/LYcT50JekMY
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