Varcoe: Change in B.C. government offers 'clear momentum for the oil and gas industry'
Double gas production in six years. Triple it by 2035.
The Conservative party victory in the British Columbia provincial election on the weekend could have seismic ramifications for the Canadian oil and gas sector.
On the campaign trail and during his victory speech, B.C. Conservative party Leader Lorne Doerkson set out an aggressive plan to boost natural gas production in the coming nine years.
The party released a B.C. energy “superpower plan” last month that also aims to attract new investment into new liquefied natural gas (LNG) export developments in the province.
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After years of on-again, off-again conflict between neighbouring B.C. and Alberta over pipelines, a neighbourly approach to energy policy could be right around the corner, including over the proposed Pacific Link oil pipeline.
“Among my first calls as the premier will be to the prime minister and Premier (Danielle) Smith to get the Pacific Link working group moving,” Doerkson told reporters on Sunday.
“Our resources are the strongest hand that British Columbia holds, and we will, for sure, play them. We’re going to supercharge this economy.”
On Monday, Smith said she spoke with Doerkson over the weekend and the two leaders will meet in the coming months to “advance our shared priorities.”
“We discussed the strong economic ties between British Columbia and Alberta, and the opportunities to build on them together,” Smith said in a statement.
A change in tone by the incoming B.C. premier about energy development compared........
