Post Carbon Fellow David Hughes was interviewed about LNG prospects in the Squamish Chief.

From the article:

Q: What will be the focus of your talk about LNG Thursday (Feb. 11)?

A: I am going to be focusing on the big picture of LNG. Is it better than coal, how much energy Canadians use, what has happened with oil and gas in America and world oil prices?

If you look at LNG prices right now, the price in China is about $7 per million btu. The gas coming out of northeast B.C., I would expect that you need to pay $3 or $4 for the gas. The cost of liquefying it, putting it in a ship and moving it to China is about $6. So that is $9 and you can only sell it for $7. I would sort of question the sanity of that looking at those prices, in the short term. Of course, these are 20-year projects so they have to look at the longer term.