The provincial government approved $115.8 million in royalty credits September 23, which are geared toward the construction of 12 new infrastructure projects in northern British Columbia.
The credits are being administered under the province’s 2013 Infrastructure Royalty Credit Program and are intended to support the construction of roads and pipelines to advance the LNG industry.
“We are creating jobs for British Columbians through the growth of our natural gas sector and the development of a new export industry,” said Minister of Natural Gas Development Rich Coleman.
“Our infrastructure royalty credit program is helping us build the capacity we need to make B.C. a world leader in natural gas supply and export.”
In a release, the provincial government said it expects the investment to generate revenue of around $445 million in five years.
Most of the projects will be built across a wide area north of Fort St. John.
