SQUAMISH, B.C. – It was announced today that the Woodfibre LNG project has been given board approval to move ahead. The approval was given by the parent company of Woodfibre LNG which is Pacific Oil and Gas.
The $1.6 billion project is expected to create 650 jobs during construction and 100 operational jobs over the 25-year lifespan of the project.
The announcement was made at the project site which is the land of the Squamish Nations.
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Byng Giraud who is the Country Manager and VP of Corporate Affairs for Woodfibre LNG says they appreciate the government’s leadership in climate change. He also noted that the consultation was thorough and included every party.
Premier Christy Clark says the project will be the world’s cleanest LNG project.
“This marks the beginning of a tremendous opportunity for British Columbia to play a significant role in the global fight against climate change, using the world’s cleanest LNG to help countries transition away from oil and coal. At home, this project will create hundreds of jobs for First Nations and all British Columbians.”
The project will avoid almost 350 thousand tons of GHG emissions per year according to Clark. Once the site is up and running, she says they will be shipping 2.1 million tons of LNG across the pacific. They will be doing that every year for 25 years.
The Squamish Nations Environmental Assessment Agreement and Environmental Certificate for the project were announced in 2015.