[Stingray2004]

International interest remains high in Liquefied Natural Gas (LNG)

Wednesday, April 10, 2013

VICTORIA - Four new, major international LNG project proposals have come forward following an Expression of Interest (EOI) by the provincial government on Crown land at Grassy Point near Prince Rupert.

Proponents who submitted an eligible EOI are:

1. Nexen Inc., an international upstream oil and gas company that develops energy resources in the UK North Sea, offshore West Africa, the United States and Western Canada. Joining Nexen in its submission are CNOOC, China's largest producer of oil and gas; INPEX Corporation, a petroleum company based out of Japan; and JGC, a leading global engineering company.

2. Woodside Petroleum Ltd., Australia's largest independent oil and gas company who now operates six of the seven LNG processing trains in Australia.

3. SK E&S, a multi-utility player in Northeast Asia's gas and electricity business, based in Korea.

4. Imperial Oil Resources Limited, one of Canada's largest corporations, and ExxonMobil Canada Ltd., the largest international oil and gas company in the world.

The new proposals join a growing list of major international proponents which have expressed interest in investing in British Columbia including, but not limited to, Shell Canada and partners PetroChina, Korea Gas and Mitsubishi; Chevron Canada with partner Apache Corporation; the BG Group; Progress Energy with partners PETRONAS and JAPEX and the BC LNG export Cooperative with Haisla Nation.

The EOI process was initiated in late February, following conversations with First Nations. The EOI was officially closed on March 18, 2013.

http://www.newsroom.gov.bc.ca/2013/0...l-gas-lng.html