“Our experience in the field helps us pre-identify fast growing land development opportunities such as the projects in the towns of Terrace and Kitimat, B.C whereby ROI directly benefits from the LNG economic development.”

Press Review

Shell, Asian Partners Seek Canadian ‘Super-Permit’ For LNG Exports

Shell, Asian Partners Seek Canadian ‘Super-Permit’ For LNG Exports

An international liquefied natural gas (LNG) scheme led by Shell has stepped forward as the first candidate for newly available extended Canadian export licenses with a lifespan of 40 years. The super-permit “would increase the regulatory certainty associated with the project as well as the economic value,” says LNG Canada Development Inc., 50% owned by Shell, 20% by PetroChina Investment Ltd., and 15% each by Mitsubishi Corp. and Korea Gas Corp. Canada’s pro-industry Conservative federal government enacted the availability of the extended license term as of June. Only the duration -- and not the size -- of the plan for an export terminal at Kitimat on the northern Pacific coast --- Continue reading
TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada

TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada

An estimated 32% of the $4.8 billion capital project will be spent locally in B.C. on the Coastal GasLink pipeline, with over 2,000 jobs expected to be created during construction and approximately $20 million in annual property tax payments. TransCanada (ticker: TRP) announced that it signed project agreements with six First Nations tribes regarding the company’s 670-kilometer Coastal GasLink pipeline in British Columbia. The project runs from the Dawson Creek area to the west coast of B.C. where it will supply natural gas to the Kitimat LNG Canada facility. The project will use a 48-inch diameter pipe, and the company will construct and operate up to three meter stations and one --- Continue reading
Wealthy Chinese investors eschew residential real estate for hotels, wineries, mineral water in British Columbia

Wealthy Chinese investors eschew residential real estate for hotels, wineries, mineral water in British Columbia

VANCOUVER — When Liu Chuang landed in Vancouver in 2013, he noticed that most of the Chinese immigrants he met were heavily invested in residential real estate and hungry to diversify. Flipping houses didn’t appeal to the 39-year-old entrepreneur, who is launching a Vancouver-based tech incubator to help his Chinese-born friends invest in local startups. “The Chinese I know … they’ve already bought quite a few houses, they really don’t want to buy any more,” said Liu, who was also born in China and co-founded venture capital firm Nextplay Ventures. “Now they want to invest in technology or other industries that can give a good return on investment.” Liu represents what real estate --- Continue reading
Royal Dutch Shell Plc secures environmental permit for B.C. LNG project, but with 50 conditions

Royal Dutch Shell Plc secures environmental permit for B.C. LNG project, but with 50 conditions

A Royal Dutch Shell Plc.-backed liquefied natural gas project in British Columbia secured environmental permits from federal and provincial regulators in a sign that the fledgling industry is gaining momentum. The federal ministry of environment said LNG Canada must comply with 50 legally binding conditions throughout the life of the project. “The LNG Canada Export Terminal Project underwent a thorough science-based environmental assessment conducted by the Government of British Columbia, which included extensive and meaningful consultations with the public and Aboriginal groups,” Leona Aglukkaq, minister of environment said in a statement. “The environmental assessment --- Continue reading