LNG The Major Focus At Nation2Nation Community Forum

Credit: B.C. LNG Conference

KITIMAT, B.C. – Over 150 people attended the N2N Community Forum in Kitimat from June 2nd to 3rd.

Coalition Mayors were the ones to take the spotlight at the meetings. The two-day event focused on First Nations, industry and governments working collaboratively on major projects and sustainable development, especially development related to BC’s LNG industry.

Mayor Bill Streeper of the Northern Rockies Regional Municipality said the LNG development is crucial to BC and the economy right now.

“Development of an LNG industry for British Columbia is the only real economic opportunity we have in Northeast BC right now. Our community of Fort Nelson is suffering with people walking away from their homes because they can’t pay their mortgage due to not having a job. We need an LNG industry for BC and we need it now.”

He also said that without LNG, Canada will have no other markets for Canadian gas after the US was found to now have enough natural gas to supply its domestic markets.

Fort St. John Mayor Lori Ackerman took centre stage at day 2 of the forum. She also expressed the importance of LNG in BC, saying it will boost the economy, but also jobs.

“The Conference Board of Canada says demand for natural gas will double between 2012 and 2035, driven by production of liquefied natural gas (LNG) for Asian markets and increased use of natural gas within Canada to produce electricity and produce bitumen in the oil sands. This increase in demand will drive an estimated $386 billion (in 2012 dollars) of investment. This investment will generate $364 billion in real GDP, support 131,460 jobs each year, produce $2.5 billion in corporate profits, $10.7 billion in labor income and provide $5.3 billion per year in tax revenues.”