Rockies LNG, a consortium of Canadian natural gas producers, has partnered with the Nisga’a Nation and Western LNG to build a LNG project in British Colombia, Canada.
The proposed liquefaction and marine terminal project, Ksi Lisims LNG, will be capable of producing 12 million tonnes of low-cost LNG annually.
It is planned to be built at Wil Milit, north of Prince Rupert, British Colombia, near the Nisga’a village of Gingolx.
The partners have started the regulatory process with the filing of the initial project description with the Government of Canada and the Government of British Columbia.
Construction on the project is planned to commence in 2024 with commissioning expected in late 2027 or 2028.
The natural gas liquefaction and marine terminal project will have the capacity to receive approximately 1.7 to two billion cubic feet of natural gas per day.
The liquefaction facility is estimated to cost $10bn and the project is expected to create about 4,000 jobs during the construction phase, reported the Canadian Broadcasting Corporation.
Rockies LNG president and CEO Charlotte Raggett said that the Ksi Lisims LNG project will provide access for the Canadian natural gas producers to increasing global energy markets and global LNG prices.
The project partners are currently assessing two natural gas pipeline projects to supply the Ksi Lisims LNG. The two pipeline proposals have already received regulatory approvals.
A third-party will own and operate the selected natural gas pipeline project.
Western LNG founder, president and CEO Davis Thames said: “This project will be important to the global LNG industry as it navigates the energy transition.
“Fuelled by clean British Columbia hydropower and supplied by low carbon Canadian natural gas, Ksi Lisims LNG will achieve one of the world’s lowest unit carbon emissions rates for a large-scale LNG export project, making net-zero both feasible and achievable.”
The partners estimate the project to have about $55bn in overall direct and indirect economic impact, including infrastructure and upstream activities.