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Wednesday, January 16, 2019
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Japanese investors important for B.C. energy industry

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However, since the disaster, production has decreased as plants shut down, and consumers are trying to find new sources of energy.

That's where B.C. fits in. Clark says Japan is turning to the province not only because of its proximity, but also because of its stable government and "friendly business environment". That, and the fact that they're aggressively pursuing alternative energy markets.

On her trip so far, Clark says she's met with several companies that are looking for new mining opportunities, especially in coal. The benefits go both ways, she says, as these are "great" jobs that can pay $100,000 a year, and are long-term and stable. B.C. plans to build 17 new mines in the province by 2015. "It can mean a new life for an entire town," she exclaimed.

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Clark later toured the Negishi Terminal, Asia's first liquefied natural gas facility, which opened in 1969. Japan imports the most LNG in the world, and while there, the B.C. government signed a memorandum of understanding with Japan Oil Gas and Metals National Corporation to work together and share information on natural gas activities. That could prove beneficial, as the province expects to have three LNG facilities up and running by 2020.

The Premier travels to Korea today to discuss clean energy options such as LNG and bioenergy with government and business leaders in Seoul and Suwon.

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Author

Erica Fisher

Erica is a reporter for Moose FM and energeticcity.ca in Fort St. John, B.C. She grew up in Victoria, B.C. and received her Bachelor's Degree in Journalism from Concordia University in Montreal, Quebec.

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