Premier Clark: Japan is Critical Partner in Development of B.C. Gas Industry

On the final leg of Jobs and Trade Mission 2013, B.C. Premier Christy Clark signed two agreements, fortifying relationships to increase investments for natural gas development in B.C.

“As the world’s largest importer of liquefied natural gas, Japan is a critical partner in the development of B.C.’s natural gas industry,” said Premier Clark. “We’re here to leverage our competitive advantages and make sure B.C. is top of mind for LNG investment.”

Premier Clark signed a new three-year memorandum of energy co-operation and development with Japan’s Minister of Economy, Trade and Industry Toshimitsu Motegi to expand co-operation and strengthen energy-related business opportunities.

The memorandum provides a framework for areas of co-operation, including: accelerated investments into LNG exploration and development, industrial co-operation of related industries through business matching opportunities, timely and effective infrastructure construction and environmental assessment processes, and information sharing on energy policies and technologies.

Also in Tokyo, Premier Clark renewed a memorandum of understanding on mutual co-operation with the Japan Oil, Gas and Metals National Corporation to work together and share information on natural gas activities.

Since the MOU was first signed in May 2012, the Government of British Columbia and JOGMEC have worked closely together as JOGMEC and its partners pursue natural gas projects in B.C. In particular, the Province provides support for JOGMEC as it considers the feasibility of a gas-to-liquids project in B.C.

To further LNG investment in Asia, Minister of International Trade Teresa Wat will be opening the B.C.-Guangdong LNG Seminar. The South China region is one the largest consumers of LNG in the country and this seminar allows natural gas shareholders to explore LNG investment opportunities in B.C.

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LNG World News Staff, December 03, 2013; Image: gov.bc