Yesterday, Mike Eckford of CKNW interviewed David Austin on the state of LNG in BC relative to the low price of oil. David explains that the price of LNG is calculated based on the price of oil at roughly 90%, plus or minus some adjustments. So as the price of oil goes down, so too does the price of LNG. However, says David, LNG is not a short-term investment for the big companies that produce it: Chevron, Shell, Petronas. As the world burns about 93 million barrels of oil every day, no one is giving up on LNG in BC. Listen to Mike and David discuss the hot topic (27:50-35:38).
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content
![](/app/uploads/2016/05/temp-blog-bg-4.jpg)
Gifts of private companies and real estate to charitable organizations
Geoff White wrote an article for Leave a Legacy Vancouver about giving significant gifts to charitable organizations and new gifting opportunities coming in 2017. “With ... Continued
![](/app/uploads/2016/05/Two-Vancouver-Lawyers-Talking.jpg)
Privacy
An owner is requesting contact information for all owners. Must the strata corporation provide this information? What about privacy legislation?
![](/app/uploads/2016/05/temp-blog-bg-3.jpg)
2014/2015 Article Students
We are very pleased to welcome back our 2014/2015 article students who previously summered with us. Alexandra Andrisoi and Mona Zarbafian are now working in the ... Continued