Image

Steelhead LNG and the Huu-ay-aht First Nations (HFN) have agreed to work together to explore the possibility of developing a $30bn liquefied natural gas (LNG) project in Canada.

The parties have signed an opportunity development agreement to examine the development of the project on HFN-owned land at Sarita Bay, around 10km north of Anacla at the southern end of Alberni Inlet on Vancouver Island.

Steelhead LNG has submitted an application to the National Energy Board seeking a license to export around 30 million tonnes of LNG a year for 25 years.

The project will feature a land-based liquefaction facility. The site will be divided into four 6 million tonnes per annum (mtpa) LNG production trains.

Plans also include an additional 6 mtpa LNG export facility along a pipeline route. Steelhead LNG is presently working with pipeline firms to explore infrastructure options in order to deliver the gas from northern British Columbia to western Vancouver Island.

Steelhead LNG said that the project will move forward only after consultation with Huu-ay-aht citizens, including a vote on a possible land lease to the development at the Huu-ay-aht First Nations People’s Assembly in November.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Steelhead LNG CEO Nigel Kuzemko said the project’s site offers several advantages, including direct access to the Pacific Ocean.

"It’s important to note that this agreement represents only the first step in our journey together. We recognise that between now and the time the first shipment of LNG might leave our proposed facility, thousands of decisions will have to be made and we have to get every one of them right, or that shipment doesn’t leave," Kuzemko added.


Image: Steelhead LNG and the HFN have agreed to work together to explore the possibility of developing an LNG project in Canada. Photo: courtesy of the HFN.

Energy