Saturday, 05 November 2016 20:50

Woodfibre project approved

435 woodfibre

Woodfibre LNG Limited has announced plans to move ahead with the construction of the new LNG facility in Squamish, BC.  Parent company Pacific Oil & Gas Limited authorized funds for the $1.8 billion project to proceed on the former Woodfibre Pulp and Paper Mill site which is located at the ancestral village site of Swiyat.   The project includes a natural gas liquefaction and export facility that is capable of exporting approximately 2.1 million tonnes of liquefied natural gas (LNG) per year for 25 years.  Thirteen conditions on WLNG were imposed through the Squamish Nation (SN) Process and SN Environmental Assessment Agreement and until it is confirmed that all conditions have been met the Nation may revoke its Environmental Assessment Certificate (EA Certificate) and terminate the Environmental Assessment Agreement.  Construction expected to begin in 2017, with operations starting in 2020.

Read 2786 times Last modified on Friday, 11 November 2016 10:24
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