BC Liberals Pass Liquefied Natural Gas Project Agreements Act

- July 22nd, 2015

CBC News reported that the BC Liberals have passed the Liquefied Natural Gas Project Agreements Act following a summer legislative sitting.

CBC News reported that the BC Liberals have passed the Liquefied Natural Gas Project Agreements Act following a summer legislative sitting.
As quoted in the market news:

BC Premier Christy Clark says the act sets the stage for “unprecedented levels of investment, job creation and economic activity.”

“Liquefied natural gas represents an extraordinary opportunity.” said Clark, adding that this law will create jobs and build a “clean, competitive new industry.”

The special summer legislative session was called July 13th to debate Bill 30 which gives the province authority to enter into LNG project agreements.
“British Columbians own this resource and we have ensured a fair return for current and future generations who will benefit significantly,” said B.C. Finance Minister Michael de Jong.

Click here to read the full CBC News report.

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