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Port Edward awaits LNG decision – The Globe and Mail

Nov. 30 2014

On the back deck of Port Edward Town Hall, Mayor Dave MacDonald sees Lelu Island across the waters of Porpoise Channel and dreams of a massive liquefied natural gas terminal proposed by Malaysia’s state-owned Petronas.

Port Edward’s population will skyrocket if LNG becomes reality in its backyard, while British Columbia’s fledgling LNG industry will gain liftoff after much hype.

Excitement is growing in the northern B.C. community of nearly 600 residents as Petronas chief executive officer Shamsul Azhar Abbas visits Vancouver for crucial meetings on Monday.

The Malaysian energy company leads the Pacific NorthWest LNG joint venture, which is edging closer to making a final investment decision on its $11.4-billion proposal to export LNG from Lelu Island to energy-hungry customers in Asia.

Read More: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/port-edward-awaits-lng-decision/article21839444/

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