Nisga’a Nation and partners move forward with estimated $ 55 billion LNG project – .

Nisga’a Nation and partners move forward with estimated $ 55 billion LNG project – .

The Ksi Lisims LNG project will produce one of the lowest unit carbon emissions rates in the world for a large-scale LNG export project, said the founder of Western LNG.

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The development of a British Columbia-based liquid natural gas export project with an estimated $ 55 billion economic impact took a big step forward on Monday as the group behind the proposal launched the regulatory process by filing an initial project description with Ottawa and the UK government. Colombia.

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The project is a partnership between the developer of liquid natural gas export facilities in the Nisga’a Nation, Texas, Western LNG and Rockies LNG, a limited partnership of oil and gas producers who collectively produce approximately 20 % of Canada’s natural gas.

The proposed 12 million tonne per year liquefied natural gas (LNG) project is to be located at Wil Milit, at the northern tip of Pearse Island, near the Nisga’a village of Gingolx, with Asia being targeted as a key export market. Commercial operations of the Ksi Lisims LNG project are expected to begin in late 2027 or 2028.

“Attracting an economic base to the Nass Valley has long been a priority for the Nisga’a Nation,” said Eva Clayton, President of the Nisga’a Nation. “That’s why, for nearly a decade, our nation has worked to attract a world-class LNG project to our treaty lands. “

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The Ksi Lisims LNG project is moving forward despite the cancellation of several other multi-billion dollar LNG export projects in British Columbia, including the $ 36 billion Pacific NorthWest LNG project near Prince Rupert and the Exxon Mobil Corp.’s $ 25 billion project. on the west coast of Canada. LNG project.

Western LNG founder and chief Davis Thames said Ksi Lisims LNG will produce one of the world’s lowest unit carbon emissions rates for a large-scale LNG export project, and added that the “floating design” of the project would be essential to deliver it to the remote location. on time and on budget.

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“We are very pleased to be working with the Nisga’a Nation and Rockies LNG to commercialize the Ksi Lisims LNG project,” he said. “This project will be important for the global LNG industry as it navigates the energy transition. “

In a press release, the partners noted that more than 70 percent of primary energy demand in Asia is currently met by coal and oil.

“Replacing coal and oil with LNG exported from Ksi Lisims LNG would reduce global carbon emissions by more than 45 million tonnes per year, or 1.3 gigatons over a period of 30 years, which is equivalent to nearly two years of total carbon. emissions from Canada, ”they said.

Charlotte Raggett, chief executive officer of Rockies LNG, said the project would provide Canadian natural gas producers with new access to growing global energy markets and “most importantly, to global LNG prices.”

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Two pipeline projects are being evaluated for Ksi Lisims LNG, according to the press release. Both have received regulatory approvals following an environmental assessment process and may link resources in northeastern British Columbia to the proposed project site. The selected pipeline would be owned and operated by a third party.

Eva Clayton, President of the Nisga'a Nation.
Eva Clayton, President of the Nisga’a Nation. Photo by Arlen Redekop / Postmedia / File

If the Ksi Lisims LNG project proceeds as planned, it will generate public revenues, jobs – including up to 4,000 construction jobs – training and business opportunities for First Nations and other communities in the region. British Columbia and Alberta. The total direct and indirect economic impact, including infrastructure and upstream activities, is estimated to be around $ 55 billion.

The final stage in the development of the project comes two decades after the Nisga’a Nation concluded the first modern treaty in British Columbia. The Nation holds treaty rights over more than 26,000 square kilometers, including the proposed site at Wil Milit.

In the statement, the partners said the Ksi Lisims LNG project “aligns with the Nisga’a Nation’s vision for self-determination and is made possible by the Nisga’a Final Agreement and the United Nations Declaration. on the rights of indigenous peoples ”.

In June, the Senate of Canada passed Bill C-15, which requires the government to ensure that laws comply with the United Nations Declaration on Indigenous Rights, including the right to self-determination.


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