PETRONAS’ Pipeline Interest 1

petronas

Malaysia’s PETRONAS crown corporation holds a 25% stake in LNG Canada’s CAD $ 40 billion project in Kitimat. This massive development is dependant on the Coastal GasLink pipeline that TransCanada is building to transport the natural gas from Dawson Creek to Kitimat. To realize the extent of PETRONAS’ interest in the completion of this pipeline, it is important to understand that much of the natural gas that will flow to Kitimat through the pipeline will come from PETRONAS’ own North Montney fields. While this pipeline has been approved by the B.C. and federal governments, it has been criticized by Amnesty International, the B.C.’s Human Rights Commission and the UN Committee for the Elimination of Racial Discrimination. As noted in the Globe and Mail, the UN committee says that it is imperative that all affected First Nations give free, prior and informed consent before the pipeline proceeds. So once again, the interests of the exemplary Malaysian bumiputra (indigenous) led enterprise is contrary to the those of a group of indigenous people from British Columbia.

Although there are reportedly signed benefit with most of First Nations involved in the passage of the pipeline, there is opposition from the Wet’suwet’en Nation who have built the Unist’ot’en healing camp in its path. As explained in the Globe and Mail, the opposition to the pipeline “hinges on an old question many First Nations in Canada face: Whether authority over resource development lies with elected band councils, hereditary leaders or both. Five elected Wet’suwet’en band councils, whose authority is coded in the federal Indian Act, signed agreements with Coastal GasLink, along with 15 other B.C. elected band councils that accepted the pipeline. But the Wet’suwet’en also have a system of five matrilineal clans and 13 houses, each of which has at least one hereditary chief. Together the chiefs oversee traditional territories that, like many First Nations lands in B.C., were never ceded by treaty. Two house chiefs supported the pipeline, only to have their titles stripped by other chiefs. Eight of the house chiefs say the risk of environmental damage to the land is too great to allow the pipeline, and are part of the movement against it.”

https://www.theglobeandmail.com/canada/british-columbia/article-wetsuweten-coastal-gaslink-pipeline-rcmp-explainer/

http://www.coastalgaslink.com/

PETRONAS Confirms!

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On July 13 2018, LNG Canada formally welcomed PETRONAS as their  fifth Joint Venture participant. According to Energycity.ca  “Petronas is now an official partner in the consortium that is proposing to build a $40 billion liquified natural gas export terminal in Kitimat”. Petronas subsidiary Progress Energy will take a 25 percent stake in the LNG Canada development, which is still subject to regulatory approvals. Shell will lead the consortium with a 40% stake. The other partners are  PetroChina, Mitsubishi Corp. and Kogas Canada. As I noted in a previous post there are implications for national, trans-national relationships and intra-national relations. This investment will be closely aligned with the Coastal GasLink pipeline that TransCanada is building to transport the natural gas from Dawson Creek to Kitimat. Some members of the Wet’suwet’en nation of Canada have built a healing camp in the path of the pipeline. To acknowledge the changing scenarios in Malaysia and in BC I have changed the colours that brand this blog.

https://www.facebook.com/LNGCanada/photos/a.412970468894663.1073741827.412705752254468/911746075683764/?type=3&theater

https://www.energeticcity.ca/2018/07/petronas-now-officially-a-partner-in-lng-canada/

http://www.coastalgaslink.com/

 

 

PETRONAS vs Wet’suwet’en


If PETRONAS goes ahead with its new LNG Terminal investment in BC, the Malaysian crown corporation will hold a 25% stake in LNG Canada’s CAD $ 40 billion project. This investment will be closely aligned with the Coastal GasLink pipeline that TransCanada is building to transport the natural gas from Dawson Creek to Kitimat. A further enmeshment to note that much of the natural gas will come from PETRONAS’ own North Montney fields. All the parties involved in this set of developments, the corporations, the provincial government and the federal government have their eyes on the burgeoning Asian market for the LNG .

There remain, however, some unresolved and under reported conflicts with First Nations in connection with both the terminal and the pipeline. Although there are reportedly signed benefit agreements with 19 of the 20 First Nations involved, there is some entrenched opposition. Some members of the Wet’suwet’en Nation have built the Unist’ot’en healing camp in the path of the pipeline. So once again, the interests of the exemplary Malaysian bumiputra (indigenous) led enterprise is contrary to the those of a group of indigenous peoples from British Columbia.

http://www.coastalgaslink.com/

http://vancouversun.com/opinion/columnists/vaughn-palmer-ndp-celebrates-petronas-return-but-lng-canada-hurdles-remain