The International Energy Agency sees healthy future world demand for natural gas and LNG, stating that China alone accounts for one-third of global demand growth to 2022, thanks in part to the country’s “Blue Skies” policy and the strong drive to improve air quality.
The $40 billion LNG Canada project in Kitimat now under way, and others in the works, will serve this demand by leveraging British Columbia’s abundant clean gas supplies via increased natural gas production, a new gas pipeline to the Pacific, and a coastal export terminal to be operational in five years.
Small- and medium-sized businesses in British Columbia are positioning themselves to serve increased demand for goods and services, with opportunities predicted in manufacturing, trade, transportation, finance, real estate, and business and professional services.
LNG Event
On Nov. 14 in Vancouver, B.C., Resource Works presents an economic study of LNG, with former Statistics Canada chief economic analyst Philip Cross presenting a modeling of the impacts, followed by a panel discussion looking at the regional and national dimensions.
This event is intended to help businesses spot the coming LNG opportunities. For tickets, click here.
