12 business elite canada
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SEPT/OCT 2014
at different levels, such as Shell and Petronas,
and already have set up the finance and man-
agement of their Canadian operations. The
B.C. government’s LNG Strategy has been all
over the news in the past few years since it was
announced in 2012.
“It’s really a focused document for govern-
ment, but it also tells people where we’re
headed,” said Mr. Coleman.
The focus of the LNG Strategy authored by
the B.C. government and led by the Ministry
of Natural Gas Development is to attract glob-
al investment in its LNG production through a
comprehensive plan to ensure that regulation,
taxation, infrastructure, and logistical shipping
and pipeline routes, among other factors, are
poised to attract this kind of investment. The
international investors must be significant play-
ers because a staggering amount of capital is
required, which they must diversify across
their entire investment portfolio. Enter: China,
Korea, Japan and India — four major markets
for LNG in the world.
Liquefied Natural Gas is a global collabora-
tive project. Global players are often a com-
