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B.C. Minister’s trip to Japan strengthens B.C.’s LNG prospects

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LNG Industry,

British Columbia’s (B.C.) Minister of Natural Gas Development, Rich Coleman, has returned from a business development trip to Asia, in which he sought to strengthen B.C.’s working relationship with LNG partners based in Tokyo, Japan.

Coleman met with a number of companies’ representatives, including those from JAPEX, Mitsubishi Corp., Inpex, Idemitsu Corp., Mitsui & Co., JOGMEC, and JERA Co. Inc.

He said: “Building partnerships with companies in Japan – the world’s largest LNG customer – and with companies in other parts of Asia will strengthen our trade prospects and attract the investment we need to diversify our natural gas sector and create jobs for British Columbians.”

Eiji Yanagawa, the Mitsui General Manager, Global Natural Gas development department, said: “Mitsui is one of Japan’s largest trading companies and we are always looking to expand our natural gas business. British Columbia is a growing international player in the energy marketplace and we are excited about the opportunity to work with them to expand our LNG portfolio.”

The President of JAPEX, Osamu Watanabe, added: “JAPEX believes our Pacific NorthWest LNG project in Canada could provide security and diversification of natural gas supply required for Japanese customers. We emphasise the importance of the project competitiveness in a challenging global market and appreciate the active engagement and open approach to consultation that the Province of British Columbia has offered throughout the process. The visit made by Minister Coleman reaffirms B.C.’s commitment to LNG development and export.”

The President and CEO of the Asia Pacific Foundation of Canada, Stewart Beck, said: “With the export of LNG to Japan, B.C. will be a critical partner in ensuring Japan's long-term energy security. Japan is a vital trading partner and friend, and ensuring the country receives clean, cost-effective and secure energy supplies is critical for Japan and B.C. in a dynamically growing and competitive Asia.”

Edited from press release by David Rowlands

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