BC LNG Co-op permit approved

Eleven months after it made its application, the BC LNG Co-op has had its export permit approved by the National Energy Board.

Eleven months after it made its application, the BC LNG Co-op has had its export permit approved by the National Energy Board.

The Co-op, which plans to locate a barge-based liquefied natural gas plant on the west side of the Douglas Channel, has been granted a 20-year licence to export a maximum of 1.8 million tonnes of LNG a year.

That’s the equivalent to about 84.5 billion cubic feet of natural gas.

But, like the KM LNG application, that number assumes that the capacity of the initial plant will be doubled.

BC LNG is a 50:50 partnership between the Haisla and LNG Partners LLC of Houston, Texas. With the permit approved, LNG Partners’ Tom Tatham said he looked forward to a final investment decision in April with the proposed plant operational in early 2014.

Haisla Nation chief councillor Ellis Ross described the approval as a “game changer”.

“Our people have ownership in BC LNG and can look forward to sustained revenue opportunities for 20 years,” he explained.

“Other industrial projects on our lands pay us rent and provide other benefits, but this is a business opportunity that we vigorously pursued and which now makes us a participant in a growing global industry.”

 

Construction will employ 150-200 people over 18 to 24 months with 30-40 permanent operating jobs at the Douglas Channel site.

 

 

Just Posted

Police investigating armed robbery in Thornhill

Masked men with handguns flee on red ATV

Tamitik’s transition house full to capacity

Organisation is looking at increasing the number of available beds

UPDATE: One injured in collision near Onion Lake

The semi truck and van collided between Terrace and Kitimat at 1:45 p.m. Nov. 15.

MBay park gets provincial cash injection

The money will be used for a fully accessible 800 metre loop trail

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Black Friday fervour wanes as some consumers, retailers shun practice

Some businesses are choosing to opt out, while some shoppers are turning to buying online

Stay safe on B.C. roads this holiday season

RCMP warn drivers to plan a safe ride home or suffer the consequences this holiday season

Trudeau apologizes to excluded residential school students

PM makes statement to former students in Nfld who were left out of previous compensation, apology

An adopted cat is the best 10 pounds you’ll gain this season

BC SPCA encouraging families to add a forever feline friend during adoption event Nov. 24 to Dec. 3

Uber official says public needs to push for ridesharing in B.C.

Mike van Hemmen tells Kelowna Chamber of commerce ridesharing would be ‘win-win-win’

B.C. co-ops relieved with Ottawa’s housing strategy

Federal government to have a new co-operative housing funding model in place by 2020

B.C. NDP referendum plan sparks legislature battle

David Eby says public will decide on proportional referendum

Most Read