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Originally Posted by craneSpotter
That one. Seems like these LNG facilities and purchase of gas reserves form parts of a national energy strategy/policy hedge. Canada is seen as about as safe and stable a region as can be in this world. Why deal with public US firms like Chevron or Apache? May help spread risk, but they will have no interest in your national energy policy. I feel the BC natives would though, so partnerships with BC native bands make sense to me, give them a vested interest and help secure access lands and keep the peace  |
Chevron and Apache are far more known entities than First Nations bands. Next to no resource development will occur until the land claims stalemate resolves itself.
Also, doesn't BC's carbon tax make LNG unattractive? Liquefying natural gas consumes ~20% of the energy in the gas, which is far worse than oil sands production.