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Old Posted Dec 10, 2014, 7:28 PM
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lubicon lubicon is offline
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Quote:
Originally Posted by craneSpotter View Post
Oh, I don't think very many in BC thought LNG would be easy, or even a sure thing. British Columbians are more skeptical than that!

We don't have an LNG industry at all to speak of now, so really anything LNG is gravy. BC is predicted by many 'analysts' (for what that's worth) to lead Canada in economic growth over the next few years, regardless of LNG development.

I have one insider that I know, a senior officer for one of the proposed LNG developments - he maintains that at least 3 LNG plants will be in operation within 5 years. Maybe LNG is a safer place than marginal Oil plays right now to put the investment $$ in Plus, we are an energy hedge.
I would estimate about the same although 5 years is pretty optimistic. I would say 2-3 plants within the next 7-10 years.
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