Friday, 05 October 2018 14:17

LNG Canada approved!

530 lngcanada

Investors have given final approval for a massive $40 billion liquefied natural gas project in Kitimat, BC. The five partners have agreed to the joint venture that includes a gas liquefaction plant on the coast and a 670-kilometre pipeline delivering natural gas from the northeast corner of the province.  The necessary approvals, including those from the National Energy Board, Department of Fisheries and Oceans, BC Hydro as well as 25 First Nations, are in place.  The project is expected to generate about $23 bilion in public revenue over 40 years, and create up to 10,000 jobs during construction and 950 permanent jobs once operational.  This project is expected to be the world's cleanest in terms of greenhouse gas emissions. 

Read 149 times Last modified on Friday, 05 October 2018 15:33
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