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Premier Christy Clark tours the Jiangsu LNG Terminal, where industry and the province of British Columbia hope Canadian natural gas might one day be imported from ships.
Premier Christy Clark tours the Jiangsu LNG Terminal, where industry and the province of British Columbia hope Canadian natural gas might one day be imported from ships.
(Handout/B.C. Government)

Heads up, B.C.: ‘Buyer’s club’ threatens Asian LNG pricing

As British Columbia’s government gloats over the potential tax booty from selling liquefied natural gas to Asian power generators, it should cast a watchful eye over its shoulder to New Delhi, where a group of Asian governments have been chewing over the idea of an LNG buyer’s club, a sort of OPEC-in-reverse that would seek to get better terms from gas exporters in the region.