2003/04 – 2005/06 SERVICE PLAN Ministry of Energy and Mines

Introduction

Last year, the energy and mining sectors contributed over $1.3 billion to the Province. The province’s largely untapped natural resource potential will continue to attract worldwide attention. The contribution these sectors make will continue to grow and will help to maintain the province’s position as one of the world’s major exploration and production regions.

With the introduction of the province’s new energy policy, Energy for Our Future: A Plan for BC, government has laid the foundation for increased investment in British Columbia. The potential of our offshore oil and gas resources and new unconventional resources like coal-bed methane will attract new business opportunities.

As it seeks to expand and develop its potential, British Columbia’s industry will face an increasingly competitive global economy with fluctuating commodity prices and market conditions that will dictate opportunities and challenges.

Within the above context, this Service Plan describes the objectives, strategies and targets the ministry will measure itself against as it continues to act as a facilitator and catalyst for the expansion and growth of British Columbia’s energy and mining sectors.