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LNG Canada speculation continues
A rendering of the proposed LNG Canada facility in Kitimat. Photo by LNG Canada

LNG Canada speculation continues

Approval of a $40 billion liquefied natural gas project in Kitimat could be just around the corner.

Rumours continue to swirl about a positive final investment decision by LNG Canada after a weekend report from Bloomberg News that Royal Dutch Shell and its four partners have signed off on the investment.

LNG Canada issued a statement Sunday saying it has not yet received approval from its joint venture participants on their final investment decision.

The massive project would see construction of a new pipeline linking gas fields in B.C.’s northeast to a new liquefied natural gas facility in Kitimat, the largest industrial development in the province’s history.

About Bill Fee

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