By REBECCA PENTY
KUALA LUMPUR (Bloomberg) -- The British
Columbia government is close to completing an accord for land
needed by China Petrochemical Corp. for a proposed
gas export project in Canadas westernmost
Sinopec Group is interested in sourcing Canadian LNG
supplies to help meet a near-term import target of about 30
MMmtpy, Rich Coleman, British Columbias Minister of Natural
Gas Development, said on a call from Kuala Lumpur.
Coleman met with Sinopec executives during an eight-day trip
that ended today to promote the provinces LNG industry,
he told reporters.
Sinopec wants to be an early mover and we will shortly be
in a position to finalize the arrangements with them with
regards to their land needs in British Columbia, Coleman
said of Sinopec. He declined to provide details and said there
may be LNG
announcements from the government in the next couple of
Royal Dutch Shell, Chevron, BG Group and Cnooc are among
international energy companies proposing or considering LNG
export projects in western Canada,
including pipelines across British Columbias mountains to
link gas supplies in shale formations to Pacific Coast facilities.
Four proposed terminals are targeted to start operations
before 2020, including three for which the Canadian government
has already awarded export licenses. The British Columbia
government has sought expressions of interest from LNG
proponents to develop projects on some land it owns.