Page 10 - NorthAmOil Week 12 2023

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Ksi Lisims LNG project moves ahead

with environmental review

BRITISH THE Ksi Lisims LNG export project, led by the it outlines, are implemented, it will apply to the
COLUMBIA Nisga’a Nation, has been given the green light EA of the Ksi Lisims LNG project, including
by the British Columbian government to enter consideration of its potential effects, particularly
environmental review for the $10bn project in concerning climate effects and GHG emissions,”
Canada’s northern Pacific coast. If approved, said Elenore Arend, head of the British Colum-
the project, which is a consortium of Nisga’a bia Environmental Assessment Office.
Nation, Rockies LNG and Western LNG, would Located near Prince Rupert, the Ksi Lisims
produce 12mn tonnes per year (tpy) of LNG at a facility will require a supply conduit stretching
floating LNG (FLNG) facility located on Nisga’a about 450 miles (724 km) from the Montney
territory. Shale production site near Fort St. John in the
It marks another step forward for the project, province’s north-east.
but there is still a long way to go before LNG Combining gas supply and pipeline con-
could be produced, as the environmental review struction as well as the export terminal, experts
by the British Columbian provincial government predict the Ksi Lisims LNG project to be a
is expected to take a minimum of 18 months. In CAD55bn ($41bn) investment over its 40-year
December 2022, the project cleared its first hur- lifespan.
dle when it was granted a 40-year export licence British Columbia offers enormous potential
by the Canada Energy Regulator (CER). for LNG, with the majority of the proposed 18
The project includes a plan to reach net zero LNG export facilities located in Canada’s most
by 2030, a requirement of the British Colum- western province. Currently, the Shell-led LNG
bian government, under its greenhouse gas Canada project north of Vancouver is the only
(GHG) emission control framework, which was facility under construction; however, earlier this
announced earlier in March. month the proposed Cedar LNG facility in Kiti-
“Once the framework, and the commitments mat was granted environmental approval.™

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