Korea Gas to invest $1.1 billion for natural gas in British Columbia

Posted by admin | Investment | Jeudi 4 mars 2010 2:00

Korea Gas plans to spend $1.1 billion over the next five years to bring gas to the surface from a huge patch of land in British Columbia. The company expects to extract a trillion cubic feet of gas from the area. That’s nearly enough to feed South Korea’s demand for a full year. Foreign attention has been stoked by plans for a liquefied natural gas export port at Kitimat, British Columbia, which could make Canada a natural supply source for Asian nations.
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