LNG Project Approved in Canada
The Huu-ay-aht First Nations has approved the proposed Sarita LNG Project with Steelhead LNG, representing the first British Columbia Nation to approve a co-development arrangement for an LNG export facility.
“This is a first in B.C. and Canada, and creates a significant degree of certainty early in the project for not only Huu-ay-aht and Steelhead LNG, but also for government, investors and customers,” Nigel Kuzemko, CEO, Steelhead LNG, said. “The project, which will become a leader in socially responsible energy development both in Canada and globally, will also supply a continually evolving global LNG market in which countries around the world are choosing clean-burning natural gas as a clean, sustainable energy source.”
Under the terms of the arrangement, Huu-ay-aht and Steelhead LNG will move forward to develop the proposed facility on Huu-ay-aht owned land located at at Sarita Bay on the west coast of Vancouver Island.
The Sarita LNG Project is currently in the preliminary engineering and conceptual design stage.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
- Phillips 66 to Sell $865 Million Stake in 500-Mile Gulf Coast Express Pipeline to ArcLight
Comments