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3 facts you need to know
About LNG investment decision…
By Bill Bennett
Kootenay East MLA
1. Petronus, a Malaysian-led consortium, is the first LNG proponent to say yes to constructing an LNG facility in northwest B.C. The investment is $36 billion; the largest single investment in B.C.’s history.
2. The company’s final decision is based on the B.C. Government’s commitment to support the creation of this exciting new industry, despite opposition from the NDP to the extraction of natural gas in northeast B.C. Without gas extraction, we cannot have an LNG industry.
3. The Petronus decision is conditional: (1) on the province approving the agreement between B.C. and the company and (2) on the Government of Canada providing approval for the project. This one LNG project represents thousands of jobs and huge tax revenues to the province.
This message funded by Bill Bennett
