Japanese firm to take 10 per cent stake in Pacific Northwest LNG


"Japex believes that importing natural gas as LNG from Canada, which has ample reserves, will help diversify Japan’s LNG import, contributing to improve energy supply of Japan," the company said in a statement Monday.
Pacific Northwest LNG is slated to be built on Lelu Island in the District of Port Edward. Initially, the plan is to build two liquefaction plants, with the option for a third in the future, along with a marine terminal. TransCanada Corporation has been selected to construct the export pipeline from the Montney Region to Port Edward.
The Canadian Environmental Assessment Agency is currently deciding whether a federal environmental assessment will be necessary for the project.