BC LNG Industry carries on strong with major developments

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The BC Government continues to press forward LNG industry development with two more major approval announcements this week.

Calgary based TransCanada Corporation has announced it’s received final permits from the Fort St. John based BC Oil and Gas Commission giving it regulatory approval for the construction and operation of the Prince Rupert Gas Transmission pipeline.

The OGC permits include about 70 implementation governing conditions, and cover the entire 900 km route from just north of Hudson’s Hope to the proposed Pacific Northwest LNG facility off the Northwest coast near Prince Rupert.

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Receiving the 11 pipeline and facility permits is seen as the last major regulatory step for the pipeline which would connect natural gas production in the Montney fields to the LNG export facility owned by the Petronas led consortium.

However, before pipeline construction proceeds the project must still get the green light from the federal government, under the Canadian Environmental Assessment Act, and given the results of last week’s federal election that is now a Liberal and not a Conservative government.

Meantime, in the Southwest coastal region, Woodfibre LNG Limited is one step closer to building a natural gas storage facility and marine terminal at Squamish.

Environment Minister Mary Polak has confirmed, the province has issued an environmental assessment certificate for the close to $2 billion project.

This is another project with opposition concerns, and in this case Squamish First Nation council approval of the environmental assessment agreement has divided band members even though the project would provide them with thousands of jobs.

Among other things, it would involve the export of about 2,100,000 tonnes of LNG per year, for 25 years, and reportedly means that 3-4 times a month a loaded LNG tanker would travel through Howe Sound.

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