Published 12 hours ago • loading... • Updated 7 hours ago

What is Ksi Lisims LNG, B.C. project being fast tracked by Feds?

On Nov. 13, 2023, Prime Minister Mark Carney announced Ksi Lisims LNG and the North Coast Transmission Line will be referred to the Major Projects Office for federal fast-tracking, but referral does not mean approval.
With four projects on the federal list, Mark Carney framed them as nation-building ventures adding billions to the economy and reducing reliance on the United States, following B.C.'s Environmental Assessment Office certificate in September.
Project documents show Ksi Lisims LNG would use two floating platforms processing 22.4 billion cubic metres of gas, with construction hoped to start this year and operations targeted for late 2028 or 2029.
The Canada Infrastructure Bank announced a $140 million loan to BC Hydro for pre-construction on the $6 billion North Coast Transmission Line, which officials say could generate $10 billion in economic activity.
Critics note legal challenges and consent disputes as four of six other First Nations withheld consent, the Lax Kw'alaams Band and Metlakatla First Nation filed legal challenges, and the Gitanyow hereditary chiefs lost a B.C. Supreme Court case.

Insights by Ground AI

21 Articles

Varcoe: Canadian gas producers see door to global markets as LNG facility makes federal major projects list

Natural gas producers in Western Canada watched closely as the Carney government added the Ksi Lisims LNG development in northern British Columbia to its major projects list on Thursday.

7 hours ago·Calgary, Canada

Read Full Article