Skip to content

Long term contracts and green lights from government

letter to the editor from Andy Thomsen, Summerland, BC - long term contracts

To the editor;

As we are getting closer to the election, it is finally becoming a little more interesting.

Let’s see now?

David Black is telling us that he has financial backing to build a 25 billion dollar oil refinery near Kitimat.

To secure that kind of financing you need long term contracts for your products (off-take) and a few green lights from the B.C. government.

Premier Clark insists she will pay off the provincial debt in 15 years, using revenues generated by selling Liquid Natural Gas (LNG).

We should keep in mind that in order for any government to collect resource revenues, those resources somehow have to be delivered to their prospective customers.

Premier Clark is not telling us anything about just how those resources are supposed to be transported to those facilities, let alone to the end users, promoting speculation that:

David Black, pipeline companies, refineries, LNG plants and shipping companies already have received a few green lights from the B.C. government - we have just not been told yet.

In the mean time Adrian Dix has been adamant that there will be no construction of pipelines in B.C., and no increase in shipping of liquid natural resources in our coastal waters.

Is Premier Clark going to make those announcements just before the election, hoping it will make her re-election a slam dunk?

Andy Thomsen

Summerland, B.C.