VANCOUVER – An international energy giant has joined an alliance of companies that is promoting the development of a liquefied natural gas industry in northern British Columbia.
ExxonMobile Canada Ltd., a subsidiary of U.S.-based energy giant Exxon Mobil Corp., says it has joined the British Columbia LNG Alliance.
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Current members include key international players like Chevron Canada, Shell Canada Energy, PETRONAS, and PetroleumBRUNEI.
The alliance says ExxonMobile has a licence to export as much as 30 million tonnes of LNG annually and the company has entered an option agreement with the City of Prince Rupert for a site at Tuck Inlet.
ExxonMobile says it’s the world’s largest publicly traded oil and gas company, and spokesman Richard Guerrant says it’s looking forward to working with government to develop a world-class LNG in Canada’s west.
In October, the provincial government dropped its proposed goal of a seven per cent income tax on the province’s liquefied natural gas industry to 3.5 per cent for the next two decades.
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