B.C. Minister Heading to Asia to Promote LNG

Minister of Natural Gas Development Rich Coleman announced he will depart Friday to promote the development of British Columbia’s liquefied natural gas industry in Korea, China and Malaysia.

Rich Coleman said: “Successful LNG development requires a strong relationship with investors in Asia. They need to understand British Columbia is open for business and competitive with other jurisdictions. I look forward to discussing how British Columbia can best work with them to build and operate some of the world’s cleanest facilities along our north coast. And I look forward to working with them in the longer term to stimulate our economy in a meaningful way and make new, well-paying jobs available to British Columbians.”

The business-development trip will start with meetings in South Korea on Sunday, Oct. 13 and move to China and Malaysia before concluding on Monday, Oct. 21.  In each country, the minister will meet with companies that are moving forward with LNG proposals in B.C.

The meetings will be an opportunity to highlight the province’s competitive advantages to new investors, reinforce its commitment to deliver energy solutions to customers in Asia, and ensure these investors have an opportunity to clearly understand how investing in B.C. will deliver tangible benefits to their customers and the province.

Additionally, the minister will promote B.C. by delivering speeches at both the 22nd World Energy Congress in Daegu, South Korea, and the ninth Canada-China Energy and Environment Forum in Beijing, China. While in Korea, the minister will participate in a panel discussion at the Canada-Korea Dialogue on Energy in Seoul.

The trip will be the minister’s first opportunity to tour one of the world’s largest LNG production facilities – the PETRONAS LNG Complex in Bintulu, Malaysia.

Coleman’s trip to Asia, coupled with Premier Christy Clark’s Jobs and Trade Mission in November, will further LNG development opportunities, promote B.C. as a stable, attractive destination for trade and investment and create well-paying jobs that support B.C. families.

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LNG World News Staff, October 8, 2013; Image: gov.bc