EXXONMOBIL JOINS THE BC LNG ALLIANCE

November 19, 2014

FOR IMMEDIATE RELEASE

VANCOUVER, BC – November 19, 2014 – ExxonMobil, one of the world’s leading energy companies, announced today its affiliate ExxonMobil LNG Market Development Inc., has joined the BC LNG Alliance. The industry organization is dedicated to fostering the growth of a safe, environmentally responsible and globally competitive LNG industry in British Columbia and Canada.

“We are pleased to have ExxonMobil join our Alliance,” said president David Keane. “ExxonMobil brings to British Columbia’s burgeoning LNG industry over 40 years of LNG experience, together with an industry-leading reputation in the safe execution of energy projects.”

ExxonMobil has been granted an export license for up to 30 million tonnes of LNG per annum and the project has entered into an option agreement with the City of Prince Rupert for a site at Tuck Inlet.

“Alliance members require clarity, certainty, and stability when it comes to the overall fiscal and regulatory framework and cost structure for LNG in British Columbia,” said Keane. “We are committed to working with the provincial and federal governments in developing a regulatory and fiscal framework that sets the right conditions in place to establish a globally competitive and thriving LNG sector in BC.”

The BC LNG Alliance is a reliable source of information about the LNG industry and its operations. The alliance engages with and addresses questions and concerns of communities, First Nations and stakeholders. Its other members include: Kitimat LNG (Chevron Canada and Apache Canada Ltd.); LNG Canada (Shell Canada Energy, PetroChina, KOGAS and Mitsubishi Corporation); Pacific Northwest LNG (PETRONAS, JAPEX, Indian Oil Corporation, Sinopec and PetroleumBRUNEI); Prince Rupert LNG (BG Group); Triton LNG (AltaGas and Idemitsu Canada) and Woodfibre LNG.

Website: www.bclnga.ca

Twitter: @bclnga

 

For more information:

Jas Johal778-370-1392

Email: jas.johal@bclnga.ca