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The Norwegian government maritime strategy that has been presented is both positive and proactive. There are important measures to bolster the Norwegian flag registers and strengthen the competitive advantage of Norwegian seafarers and maritime companies operating in tough international competition.

“The strategy takes a broad approach and forms a solid foundation which should allow Norway to maintain our leading position, even in challenging times,” says Sturla Henriksen, CEO of the Norwegian Shipowners’ Association.

Continue reading “Norwegian government maritime strategy unveiled”

Agreements reached between the government of B.C. and Pacific NorthWest LNG establish the path to a final investment decision on the project and set the stage for a potential US$36-billion investment in Northern B.C. that will be a key driver of jobs and economic activity in the province.

B.C. Premier Christy Clark and Michael Culbert, president of Pacific NorthWest LNG, signed a memorandum of understanding that sets out the steps leading toward ratification of a project development agreement between government and the company. Michael de Jong, Minister of Finance, signed the project development agreement on behalf of government, which initiates a ratification process by both the company and the British Columbia Legislature. Rich Coleman, Deputy Premier and Minister of Natural Gas Development, signed the Province’s long-term royalty agreement with the company.

Continue reading “The government of British Columbia sets out an LNG investment plan”