Warning: call_user_func_array() expects parameter 1 to be a valid callback, class 'AGPressGraph\manipulator' does not have a method 'httpsCanonicalURL' in /home/cfnrfm/public_html/wp-includes/class-wp-hook.php on line 286
Latest Headlines
Home / News / Final investment decision in LNG Canada development in Kitimat could be as long as two years away

Final investment decision in LNG Canada development in Kitimat could be as long as two years away
The project LNG Canada is proposing. (Credit: LNG Canada)

Final investment decision in LNG Canada development in Kitimat could be as long as two years away

Officials behind the proposed LNG Canada development in Kitimat have assured residents that work on the project is still going ahead.

The project LNG Canada is proposing. (Credit: LNG Canada)

The project LNG Canada is proposing. (Credit: LNG Canada)

Director of External Relations Susannah Pierce told residents at a gathering a final investment decision was not made this year due to the joint venture participants, including Shell and PetroChina, ruling the work is not affordable.

Pierce says a final investment decision may take up to two years, but wouldn’t put an actual timeline on when work could begin.

Pierce understands Kitimat’s frustration, especially as the site is expected to sit mainly dormant until a decision is made, but says LNG Canada isn’t going anywhere and the project won’t be cancelled.

SkeenaWild Conservation Trust Executive Director Greg Knox isn’t shocked that the project is delayed.

He believes sooner or later LNG Canada will have no choice but to cancel the project.

Knox adds a number of areas in Asia are also shifting to renewable energy.

About Corey Callaghan

Leave a Reply

%d bloggers like this: