Petro firms with $2 trillion in revenues lured by Libs’ LNG plans

Petro firms with $2 trillion in revenues lured by Libs’ LNG plans by Geoff Dembicki, April 23, 2013, The Tyee.ca
Well over a dozen of the planet’s biggest oil and gas companies, with combined revenues equaling about $2 trillion, are looking to cash in on premier Christy Clark’s liquefied natural gas strategy. They’re proposing to build 12 liquefied gas terminals up and down B.C.’s coastline, from Squamish to Kitsault. “It’s a once-in-a-lifetime opportunity but we need to seize it,” Clark reportedly said during a recent campaign stop in Chilliwack. “We have to make sure we can capture this moment.” However it’s unlikely all 12 projects will get built, say observers – even four may be unlikely. … Very few of the current project proponents are Canadian. Some are owned in part or in full by Asian governments. But federal Conservative international trade minister Ed Fast said Canadians shouldn’t be concerned.