Woodfibre LNG moves ahead with project, BC’s first
Posted November 4, 2016 11:07 am.
Last Updated November 4, 2016 12:32 pm.
This article is more than 5 years old.
SQUAMISH (NEWS 1130) – Woodfibre LNG says it is proceeding with its proposed liquefied natural gas development near Squamish, in what would be the province’s first LNG project. The liquefied natural gas facility will be built at the former pulp mill site on Howe Sound.
Premier Christy Clark says the $1.6 billion development will create 650 jobs during construction and 100 operational jobs over its estimated lifespan of 25 years.
“We want to make sure that when we do that we are respectful of the environment and that we protect the legacy for our kids and that is exactly what this project does. I think it’s a model for the world to look to,” says Premier Christy Clark.
And she believes LNG can replace other fossil fuels from countries like China. “Once this site is up and running, they will be shipping 2.1 million tons of LNG across the Pacific. They’ll be doing that every year for 25 years and in doing so, they are going to displace coal.”
She calls LNG the cleanest fossil fuel out there and this site will be one of the greenest sites in the world. “Every ship that comes out through here will have two BC certified pilots on board, they will be escorted by three tugs.”
The project has cleared regulatory hurdles at the provincial and federal levels, including securing federal approval in March of this year.
Woodfibre LNG is licensed to export about 2.1 million tonnes of LNG annually.
There are approximately 20 LNG proposals in BC on the drawing board.
Pacific Northwest LNG, which is much larger than the Woodfibre LNG project, recently secured federal sanctioning and is now being reviewed by Malaysia’s state-owned company Petronas for final approval.
