Project Developments Made Possible through the Province of Alberta Grant Funding

Phase 1 project development included fundamental feasibility planning documentation funded in partnership through the Province of Alberta, Regional Collaborative Grant Program award (2013-2014 1 year):

1. Project Development Plan

2. Site Development Plan

3. Regulatory Plan

4. Communication Plan

Phase 11 development included an approved Governance Model which was made possible through funding received in partnership with the Province of Alberta, Regional Collaborative Grant Fund - Governance Grant Funding (3 year grant awarded 2013 - 2016)

Phase 111 current development includes the in depth Business Plan to be completed by June 2016 which is being made possible in result of the Alberta Community Partnership (ACP) Funding Grant (2014 - 2015)

Enabling energy markets of tomorrow The Heads of Delegation reaffirmed the importance of integrated energy markets as part of open, flexible, competitive and transparent global energy markets. They also recognized the need for continued and substantial investments in energy infrastructure and discussed G7 governments’ role in addressing investment barriers. They noted the importance of community engagement and meaningful dialogue to build public confidence in energy projects, including through consultation with women, youth and Indigenous groups. Heads of Delegation expressed their intent to pursue energy market integration as well as measures that will achieve more dynamic, transparent and competitive energy markets and more predictable energy trade. In this regard, they reiterated the importance of greater flexibility of commercial clauses in LNG contracts, including relaxation of destination restrictions, and similar restrictive mechanisms. To this end, they encouraged the sharing of information, on a voluntary basis, of private sector and regulatory best practices.