1. The excellent results for the Liard Basin located in Northern British Columbia released last month by Apache will require development of export facilities. According to the Federal Energy Regulatory Commission, a key to developing LNG export facilities will be to send the gas to places where oil prices are higher, such as Korea and Japan. The resources in the Liard Basin will need to be harnessed properly to meet its tremendous productive potential. Edward Kallio, director and a gas consultant with Ziff Energy Group notes that “it’s imperative that we continue to develop these LNG liquefaction proposals”. To ensure that the Liard Basin comes onstream, Kallio believes export capacity will need to be applied for and built.  
  2. Spectra Energy has officially opened the Dawson processing plant in Bessborough, British Columbia. The 200 mmcfpd processing plant is being installed in two phases. Spectra is poised to invest an additional $4‐$6 billion in British Columbia beyond 2015. Accessing the natural gas in the Montney play enables critical processing and pipeline services to customers and sets the foundation for further investment in British Columbia.