The Globe and Mail reports in its Monday, May 13, edition that Canada's energy sector risks a
lost decade unless companies are
allowed to build new pipelines
and pursue lucrative Asian markets,
Natural Resources Minister
Joe Oliver warns.
The Globe's Brent Jang writes that Mr. Oliver says, "It's a critical strategic objective
for our country to find new markets."
While there are promising proposals
for exports of liquefied
natural gas from British Columbia,
uncertainty lingers over how
many years it will take to develop
even one major LNG project.
Mr. Oliver says: "There is enormous potential to
open up an entirely new market
in LNG. ... We
must bring our resources to the
markets and Asia will be huge in
that regard."
Heading into Tuesday's British
Columbia general election, both
the New Democratic Party and
the Liberals say they generally
support LNG projects. But the
NDP in particular has expressed
concerns about oil pipeline proposals,
notably Enbridge's proposed Northern
Gateway project and the planned
expansion of the Trans Mountain
system from Edmonton to the
Vancouver suburb of Burnaby.
Mr. Oliver says, "We're going to run out of pipeline
capacity this decade."
© 2026 Canjex Publishing Ltd. All rights reserved.