Megaproject contracts in place will provide more than $5 billion for B.C. businesses
LNG Canada CEO Jason Klein recalls the day last March when the first module for construction of the Kitimat gas terminal arrived by ship through the Douglas Channel.“It was the culmination of years, moving rivers and moving fish and honouring our commitments,” said Klein. “It was such a big deal in Kitimat when that ship pulled in and I think the big accomplishment is that now, when a ship rolls in with module it’s just another Wednesday.
“We will prove that Canada can deliver megaprojects and I hope on the back of that, that allows the next wave of projects, most of which are Indigenous-led, to follow behind us.” “In combination with the $3-plus billion that LNG Canada has contracted with local and Indigenous communities, you add our activities and you get to a $5-plus billion number and that’s a very significant contribution to the economy, particularly in northern B.C.”
When the terminal becomes operational and begins loading container ships with liquid natural gas destined for Asian markets, LNG Canada’s facility is expected to have the world’s lowest greenhouse gas emissions. Coastal GasLink and LNG Canada are united in their support for the proposed Cedar LNG Project at Kitimat which is being led by the Haisla First Nation. If it goes through, Cedar LNG will share the Coastal GasLink pipeline capacity.
“After the tragic invasion of Ukraine we saw the highest increase in emissions in a single year and it was because the resurgence is coal-fired fuel usage across the globe. I wish people would understand LNG is a low-carbon solution that can support energy transition in other parts of the world where there isn’t an ability to have gas like we have in their backyard.”
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Finish line coming into focus for LNG Canada, Coastal Gas LinkMegaproject contracts in place will provide more than $5 billion for B.C. businesses.
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