British Columbia must Proceed from LNG. But to what?

Posted by on July 26, 2017

Remember when liquefied natural gas (LNG) has been going to pave the path into a new golden age of unprecedented prosperity for British Columbians and their authorities?

You should. It was.

In 2013, when the B.C. government under then-premier Christy Clark announced plans to establish a sovereign wealth finance to reap the benefits from taxation and royalties flowing out of the LNG business, the state was talking about around $260-billion from LNG-related revenues flowing into government coffers more than 30 years, according to having five LNG plants up and running by 2020.

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Posted in: Business Insight

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