Proposed Kitimat LNG facility nears reality

Ottawa yesterday granted approval to a proposed liquified natural gas facility (LNG) near Kitimat and a set of regulations to govern its evolution.

Ottawa yesterday granted approval to a proposed liquified natural gas facility (LNG) near Kitimat and a set of regulations to govern its evolution.

The facility on the Haisla First Nation’s (HFN) Bees Indian Reserve No. 6, about 650 kilometres north of Vancouver, is slated to provide Canadian energy producers with a doorway to overseas markets while creating jobs and economic growth opportunities for the HFN and the entire northwest region of B.C.

“Our government continues to take steps that will contribute to job creation, economic growth and Canada's long-term prosperity,” said Aboriginal Affairs and Northern Development minister John Duncan.

The facility, which is in the engineering and design phase, has a Canadian National Energy Board (CNEB) licence to export 10 million tons of LNG per year.

The key commercial proponents of the project are Apache Canada Ltd. and Chevron Canada Ltd., operating as Kitimat LNG.

Ottawa, Victoria and the HFN have signed a deal that ensures provincial officials will have regulatory oversight for the plant.

gkorstrom@biv.com

@GlenKorstom

comments powered by Disqus

Also Read

More From Mining & Energy

Mining giant Rio Tinto (LON, ASX:RIO), the parent company for Vancouver’s Turquoise Hill (TSX:TRQ), is set to take...

Read Article

Goldcorp Inc. (TSX:G) reported a third-quarter loss of US$44 million

Read Article

British energy company BG Group will delay a plan to build an LNG-export terminal near Prince Rupert   

Read Article

The provincial government’s proposed tax plan for LNG has been announced, and in preparation for...

Read Article

Teck Resources Ltd. reported adjusted profit of $159 million for the three months ended September 30, 2014 

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×