There are three parties involved in lifting the moratoria to allow the continuation of oil and gas exploration: the BC provincial government, the federal government, and the First Nations groups.

The BC provincial government initiated a report (Strong et al.) for January 2002 to examine the issue. This scientific report found no reason for exploration not to commence off the BC coast. (Note: Though exploration is allowed to begin doesn't necessarily mean that oil and gas extraction will actually take place.)

The federal government had its own review, which is still in process. It undertook a three-tiered examination:

  • A scientific report through the Royal Society. This report also found no scientific reason to prohibit exploration. However, they admitted that there are still gaps in scientific knowledge.
  • A public consultation through a review panel, which submitted its report to the Minister of Natural Resources in October, 2004 (report). It showed strong division amongst British Columbians on whether or not to lift the moratorium on oil and gas exploration.
  • A First Nations engagement to examine issues such as their role in the decision-making process and their share in the benefits.

    The third party, the First Nations, are currently in the process of examining options to better assess the situation so they can provide a more informed response.

    Private Industry

    The private sector has shown a great deal of interest in offshore exploration. However, before any development can begin, a strong social, political and economic framework must first be established. Issues such as ownership and revenue sharing, processes of environmental assessment and the creation of a regulatory framework must all be considered. All environmental concerns need to be addressed as well, and a situation of environmental certainty needs to be established before moving into the area.

    In Summary:

  • Proceeding with exploration and production is not a given.
  • There are strong indications of petroleum along BC's coasts, but all these estimates are highly speculative.
  • Considerable environmental, social and economic evaluations to occur before renewing offshore exploration.