British Columbia Sparks Angst Over Gas Tax Change Amid LNG Race

British Columbia Premier David Eby’s government is finalizing a new royalty regime on gas extraction that has caused jitters in the energy industry, with major new liquefied natural gas investments hanging in the balance.

A government presentation about a month ago alarmed businesses when it appeared to show they’d pay a larger royalty that would kick in at higher gas prices, according to people familiar with the matter who asked not to be identified because the discussions were private.