Everyone wins with the expansion of Canadian LNG development, our Alliance CEO, Karen Ogen-Toews, said in an interview with the Alberta government’s Canadian Energy Centre.
The story continued: “There can be less international reliance on less responsible producers like Russia, and a reduction in the use of coal that will lower greenhouse gas emissions.
“Most important to her, there will be an increase in employment opportunities and the ability to effectively address social issues in Indigenous communities.
“All that is required is meaningful consultation, a share and a say.”
And Karen emphasized: “We must do this responsibly, continuing to make sure that we have the highest environmental standards. That’s one of the biggest issues that Indigenous people see, because we view our role as stewards of the land.”
Karen underlined that last point in an interview with the Canadian energy pipeline sector’s CEPA Foundation, saying: “It’s important to us that they’re sustainable and that they follow the highest environmental standards. We need to be involved to make sure that all our waters and streams and culturally important sites are preserved.”
We’ll bring you that story when the CEPA Foundation publishes it.
The world needs Canadian LNG
Bryan Cox, CEO of the Canadian LNG Alliance, put it simply: ”The world needs our natural gas, and now is our time to help.”
In a post on LinkedIn, he wrote: “One of the most impactful actions Canada can take right now is to accelerate our LNG off the west coast. . . . Providing more of our lowest emission Canadian LNG to Asian markets faster will not only help to diversify supply away from less reliable trade partners, it will also free supply that is currently going to Asia to go to other high need markets, like Europe. . . .
“If we get this right who is the biggest winner? It’s Canada.”
And, he added: “More LNG off the west coast means more opportunities for Indigenous participation, equity ownership and community benefits.”
And in a podcast, Timothy Egan, CEO of the Canadian Gas Association, said: ‘We need to find ways to develop more (LNG) export facilities on both Canadian coasts and quickly.’
In another podcast, the ARC Energy Institute explored the future of LNG production in the U.S. and Canada, and asked: Does it make economic sense to export Canadian gas from the US Gulf Coast?
Bright outlook for BC LNG exports
That was the headline on our latest blog, which explored some of the key points made by Bryan Cox and Timothy Egan.
The blog began: “Europe’s scramble to line up supplies of non-Russian LNG, and the US scramble to provide Europe with cargoes, offer a bright outlook for future exports of Canadian LNG from BC.”
Among other things, the blog then looked at BC’s geographic advantage:
“Gulf Coast LNG plants are 20-24 days sailing-time to Asian buyers, while BC plants are only 10-12 days away, meaning competitive lower costs — and fewer emissions.
“The current rate of chartering a carrier runs from US$85,000 to US$100,000, per day. So the sailing-time savings from BC are hefty, running at $1 million or more per cargo.
“As well, the fees for sending a typical US LNG carrier on a return journey through the Panama Canal will soon hit US$980,000. BC LNG exporters don’t have to pay that.”
ALSO IN THE NEWS
- Siemens Energy to power Woodfibre LNG: http://ow.ly/ZA8550JYcCP
- LNG Canada hiring as it prepares to operate its export facility: http://ow.ly/RqTz50JSoP0
- BC and Coastal GasLink agree on measures to protect waterways: http://ow.ly/jkQ050JWOCj
- ‘Every spare cubic foot of Canadian natural gas . . . is being exported to the United States for LNG export.’ http://ow.ly/7O5I50JT2tm
- Low-carbon LNG seen as a world market key: http://ow.ly/vHjK50JRvPQ
- First Nations Major Projects Coalition launches Advisory Centre to provide guidance on capital projects and ESG: https://fnmpcadvisory.com
DATES
- Nation2Nation community events will be back, with two sessions: Terrace on Thursday Sept. 22, and Prince Rupert on Thursday Oct. 20. Registration now is open at https://nation2nation.ca/
- The First Nation’s Major Projects Coalition has set its 2023 Industry Engagement Event (“The Values Driven Economy Conference”) for April 24-25 in Vancouver: http://ow.ly/T4Il50JNtoe
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