Budget 2023 Summary

Update on Export Oriented Energy Projects Yukon Terrory Northwest Territories Fadiities LNG Canada Cordova Basin Liard Basin Hom River Basin Fort Nelson Tilbury LNG Ridley hland Propane Export Terminal Partner(s) Shell/PETRONAS/ PetroChina Mitsubishi/KOGAS Forth BC Altaas Pembina Propane Export Terminal Woodfire LNG Ksi Lims LNG Montney Basin Cedar LNG Port Edward LNG Pembina Pacific Oil and Gas Nisga'a/Western LNG Rockies LNG Hala Nation Pembina Port Edward LNG North Montney Mainline - Under Construction/Operational Proposed Partner(s) Pipe Fort St. John Alliance Pipeline BC Pipeline Pipelines Enbridge Enbridge FortBC Pipeline System FortisBC Westcoast Connector Trans TriSummit Utilities Pacific North Dawson Creek North Money Mainline Trans Canadia Tumbler Ridge Prince Rupert Pec Northern Gas Pipeline Coastal Gaslink Pipeline Westenast Corector Gas Transmission Prince Rupert Gas Transmission **** Eagle Mountain Woodfibre Ta Enbridge Tra Forth BC Prince Kitimat Coastal Casting Pippino George Existing Pipeline Natural gas production was approximately 9% higher in 2022 than in 2021. Upwards of 85% of natural gas production continues to be exported out of the province into Alberta and Washington State. Exports to commence mid-decade from LNG Canada. Other facilities could come online later in the decade. Propane exports to Japan and South Korea continue to grow. Alaska USA Pacific Ocean Shipping Times Tokyo - 8 days Seoul - 10 days Chennai-19 days Canada USA Quesnel Williams Lake BC Pipe Under Construction Pipeline ***Proposed Pipeline British Columbia has over 3,300 TRILLION CUBIC FEET of natural gas Alberta Cache Kamloops Creek Salmon Arm Elkford Merritt Campbell River Courtenay Port Alberni Powell River Whistler Fortis BC Pipeline System Kelowna Kimberley Fernie Nelson Sechelt Squamish Eagle Min Woodbre Looping Vancouver Cranbrook Castlegar Nanaimo Victoria "Proposed projects include projects that have either entered into an Environmental Assessment process or an actively ngaged in front and engineering and design (FEED) work. Washington, USA Montana, USA Idaho USA 20

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