The proponents of a liquefied natural gas facility near Prince Rupert say it’s a go, subject to two conditions.
A news release from Pacific NorthWest LNG says it will move forward with a positive Final Investment Decision on the $11 billion terminal now that the required technical and commercial components of the project have been satisfied.
Officials with the project say the decision will be confirmed by its partners once the BC government passes the Project Development Agreement and after the terminal receives a positive environmental assessment from the federal government.
Pacific NorthWest LNG President Michael Culbert says they will continue to engage with First Nations, local communities, stakeholders, and regulators.
The true test for the project and majority stakeholder Petronas may be the proposed location of the liquefied natural gas export facility at Lelu Island near critical salmon habitat.
The Lax Kw’alaams Band rejected a billion-dollar agreement with Pacific NorthWest LNG over concerns that the terminal would endanger Flora Bank and Skeena salmon populations.