LNG Canada CEO states bold forecast for Canadian liquefied gas exports
LNG Canada's Kitimat natural gas liquefaction plant has barely begun exporting the super-chilled fuel, but the company's CEO, on Wednesday, touted Canada's potential to become a Top 5 global exporter if all the LNG projects on the books in B.C. go ahead.
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The $18-billion LNG Canada facility shipped its first cargo of LNG June 30 at the end of a seven-year construction phase and CEO Chris Cooper said that, 'In many respects, our timing couldn't be better.'
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Cooper added that the other projects on the books in B.C., including the Haisla First Nation-backed Cedar LNG under construction just south of LNG Canada, 'will go a long way to help Canada achieve an even more ambitious but attainable goal to become a world energy superpower.'
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That was a message that fit the moment for B.C. Premier David Eby, who was in Kitimaat to mark LNG Canada's milestone and to offer $200 million in provincial support to the electrification of Cedar LNG's operations.
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Eby, on Tuesday, signed an agreement with the Haisla to support infrastructure for Cedar LNG, including a new power transmission line to the floating liquefaction plant the facility will use.
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Wednesday, Eby used the occasion to position B.C. as a more reliable LNG trading partner, in addition to being more environmentally responsible, at a time 'when we are under direct attack from the president of the United States with clear intentions to cause harm to our economy.'
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Eby said B.C. received a warm welcome for LNG from this province on his recent trade mission to Asia, where the facility's co-owners stated the importance of its reliability and environmental performance to customers on the world market.
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In his remarks Tuesday, Eby said the U.S. looks like a riskier trading partner at the moment with Trump showing he will make 'arbitrary and extrajudicial decisions on a whim,' announcing them through his own social media platform, Truth Social.
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