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Highbank Resources Ltd V.HBK

Alternate Symbol(s):  HBKRF

Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.


TSXV:HBK - Post by User

Bullboard Posts
Post by chester2on Nov 13, 2017 12:51pm
326 Views
Post# 26952131

$40 billion liquefied natural gas plant proposed for Kitimat

$40 billion liquefied natural gas plant proposed for Kitimat

A $40 billion liquefied natural gas plant proposed for Kitimat is still very much alive, says the CEO of LNG Canada, but senior governments may need to address tax competitiveness before Shell and its three partners can make a final investment decision. 

“I actually believe that B.C. will have an LNG industry, that there is societal support for an LNG industry from B.C. and … I believe specifically the LNG project can and will happen in B.C.” Andy Calitz told Business in Vancouver, following an address to the Greater Vancouver Board of Trade (GVBOT) Friday, September 22.

Michelle Mungall, the NDP’s new minister of Energy, Mines and Petroleum Resources, who met one-on-one with Calitz earlier in the day, seemed to share Calitz’s optimism, and said her government is considering some of the concerns the consortium — Shell, Mitsubishi, KOGAS and PetroChina — have expressed about moving forward.

"Our position has always been supportive of LNG, as long as the industry meets our four conditions," Mungall told reporters in a scrum after Calitz's address. "And what I think is important to remember is that conditions are not roadblocks, they're roadmaps."



https://www.jwnenergy.com/article/2017/9/canada-did-not-miss-lng-boat-lng-canada-ceo/
Bullboard Posts