Saturday, May 24, 2014

Russia - China $400-billion Gas Deal

 Russia - China Sign 30 Year Natural Gas Agreement

A Financial Post article explains that while the $400 billion deal between Russia and China does not spell the end of LNG for BC it will have global ramifications as Russia leapgrogged Canada and other would be LNG exporters seeking to do business with the Asian Nation.

Petronas warns Canada not to slaughter its LNG 'golden goose'


" Lets not slaughter the goose before it even has a chance to hatch the golden egg." Mr. Abbas told a marquess export conference, calling LNG a "once in a lifetime" opportunity for the province.

" We must be careful to not squander it away by banking on unrealistic expectations and misconceived perceptions".



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