November 21st, 2012 | by NIGEL JAQUISS News | Posted In: Environment, Business

Somebody in the Northwest Wants to Export LNG

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While the current debate about whether Oregon will allow coal exports continues, a slightly older environment versus economy battle also remains unsettled.

Last year, a federal court vacated a license for a proposed liquified natural gas terminal at Bradwood Landing on the Columbia River, about 20 miles upriver from Astoria. That ruling came after developers abandoned their efforts to build a terminal but the abundance of natural gas in the mid-continent makes it likely there will be further attempts to site LNG export facilities on the Oregon coast.

Yesterday, the British Columbia provincial government made it known that BC wants an LNG terminal (there is already a coal export facility in the province).

Here is what Ministry of Mines, Energy and Natural Gas said in a statement:

Over the next 20 years, global demand for natural gas is expected to rise dramatically, fuelled by rapid economic growth in Asia.

British Columbia is well positioned to compete for a share of that lucrative market by creating an LNG industry which will turn traditional natural gas into a stable, shippable form.

Developing LNG export potential in B.C. is an excellent investment in our future. It will generate thousands of jobs and billions of dollars in new investment. That will mean more revenues for government to help future generations of British Columbians.


In the upcoming 2013 legislative session, lawmakers will be asked early on to approve a $450 million appropriation for Oregon's share of the $3.5 billion Columbia River Crossing project.

You can expect to hear an argument from construction trade interests that allowing privately funded export terminals—either coal or LNG—is a better deal for taxpayers.

 
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