British Columbia Premier David Eby, currently on a 10-day trade mission to South Asia, says Japanese companies are showing strong interest in the province’s liquefied natural gas (LNG) and critical mineral exports.
Eby noted that several major Japanese firms have expressed interest in B.C.’s LNG and key mineral exports, especially amid the current uncertainty in the global trade environment. The increasingly protectionist stance and tariff threats from U.S. President Donald Trump have pushed B.C. to diversify its trade relationships, considering the province’s historical dependence on the U.S. as its main trading partner.
Eby’s trip—which includes visits to Japan, South Korea, and Malaysia—is part of an effort to attract investors and governments to British Columbia’s mining, natural resources, and softwood lumber industries.
Speaking to reporters Tuesday afternoon from Osaka, Japan, the Premier said companies such as Mitsubishi and Nippon Steel have shown significant knowledge of and interest in copper and nickel exports from B.C.
Eby also mentioned that the companies and investors he has met with expressed interest in the $40 billion LNG Canada project based in Kitimat, B.C., which recently began operations. The project is expected to export 14 million tonnes of natural gas annually.
Author: Parteek Mahal
Loading ...
