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ARTICLE · 17 APRIL 2014

Sizing Up BC's LNG Opportunities

Stikeman Elliott LLP
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The recent provincial budget in British Columbia included a basic framework for taxes and royalties on the liquefaction of natural gas at LNG facilities in the province.

CanadaEnergy and Natural Resources
Stikeman Elliott LLP
Stikeman Elliott LLP
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The recent provincial budget in British Columbia included a basic framework for taxes and royalties on the liquefaction of natural gas at LNG facilities in the province. Although the specifics of the LNG tax have not yet been announced, in connection with the budget the province recently released an "Analysis of the competitiveness of BC's proposed fiscal framework for LNG projects" prepared by Ernst & Young for the Ministry of Natural Gas Development.

It is interesting to compare the hypothetical set of assumptions set out in the E&Y Analysis regarding the intensity of development which the province is assuming compared to the historical growth in other countries such as Qatar and Australia.

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