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International Trade committee  I can hear you fine. Can you hear me okay?

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  Very good. Thank you, Mr. Chairman. Thank you very much for this opportunity not only to appear before your committee but also to do it by video conference. It helps facilitate the technology, as was just referred to by Ms. Sharpe. I am really appreciative of the clerk of your

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  Perfect. I won't go into this in a lot of detail. I'd like to explain what we see in the opportunities, on behalf of the oil and gas industry, to strengthen what is already a very strong relationship with Japan. As you and I and also some of your colleagues know, Mr. Chairman

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  That's where you have spaghetti. That's the reason.

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  Particularly at this point in time, when they're looking at restructuring their entire energy portfolio, it's absolutely critical. As you well know, when we look at Canada, we almost look at it in the North American context—Canadian first, then North American—but we have now be

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  There's a small pipeline and right-of-way there, and it's used for natural gas. As you well know, there's also a rail line there that moves in. You wouldn't move natural gas by rail, but there is a right-of-way. It goes up to Kitimat and to Prince Rupert right now.

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  There's a small pipeline, but it is not sufficient to deal with all of the projects that are listed on the bottom of that map page. It could probably deal with the smallest one, which is a first nations partnership project. That's one of the ones that are moving ahead most quickl

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  As I understand it—and I'm not a detail person on the tariff side of things, but I did look at it—I don't believe there are tariffs on liquefied natural gas itself. There are on some of the byproducts and smaller commodities that ship as chemicals, but for liquefied natural gas,

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  Not that I'm aware of directly with Japan, but I know that when it comes to shipping LNG internationally and the flagging of the tankers, there are some issues there that the commercial parties are working on. It's something we could look into in more detail, but at this point

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  They've expanded not only their LNG opportunities, but their demand is also increasing. As you saw from the chart of the entire Asian demand, the fact that we're closest to Japan probably gives us the best competitive angle into Japan, but the other growth in that area is really

October 18th, 2012Committee meeting

Greg Stringham

International Trade committee  Absolutely. Thanks for the question. In the critical path of what's going on, the permitting process for natural gas for the liquefied natural gas process has been very efficient. We congratulate the government on doing that. At this point it's a matter of the construction sch

October 18th, 2012Committee meeting

Greg Stringham

Natural Resources committee  Thank you. I'll take the opportunity to comment on it. Over the last five years, from the oil and gas sector, some of the major innovations have been both on the recovery and on the environmental side of things. Let me start with a few of them, just to give you examples. For ex

November 20th, 2012Committee meeting

Greg Stringham

Natural Resources committee  Thank you. Yes, Mr. Trost, I think there are a couple of exemplars of really good practice that need to be enhanced. As you mentioned, transparency is really key for us. As an industry, we've been standing on this foundation of making sure that we have transparent information av

November 20th, 2012Committee meeting

Greg Stringham

Natural Resources committee  It depends on the source of the upgrading technology, but we certainly can pull out for you the scientific studies that have been done most recently by Jacobs Consultancy, which have that information.

November 20th, 2012Committee meeting

Greg Stringham

Natural Resources committee  Of the greenhouse gas emissions for the full wells-to-wheels, as you know, about 70% to 80% actually comes out of the tailpipe of the vehicle that is driving it. Of the remaining 20% to 30%—

November 20th, 2012Committee meeting

Greg Stringham