AmericasContracts and Tenders

Ksi Lisims LNG, Shell seal 20-year SPA

By LNG Prime Staff
Ksi Lisims LNG, Shell seal 20-year SPA
Image: Ksi Lisims LNG

The partners behind the Ksi Lisims floating LNG project in Canada have signed the first long-term offtake deal with a unit of LNG giant Shell.

Under the 20-year SPA, Ksi Lisims will supply 2 million tonnes of LNG per year on a free-on-board basis to Shell Eastern Trading

The partners behind Ksi Lisims LNG are the Nisga’a Nation, Rockies LNG, a limited partnership comprised of Canadian natural gas producers, and Houston-based Western LNG.

Ksi Lisims said in the statement it would continue to work toward reaching a final investment decision, but it did not provide any additional details.

It previously said that construction of the project is expected to take three to four years, and that commercial operations could start in 2028.

In July last year, US-based engineer Black & Veatch and South Korean shipbuilder Samsung Heavy Industries won a contract for the Ksi Lisims LNG nearshore floating production facility in northwest Canada.

Ksi Lisims LNG plans to produce 12 million tonnes per annum of LNG from two floating production facilities which will have integrated storage with an aggregate capacity of about 450,000 cbm of LNG.

The proposed facility will have an all-electric process technology developed by Black & Veatch and will be located at Wil Milit on the northern point of Pearse Island, British Columbia.

In July 2021, the Nisga’a Nation, Rockies LNG, and Western LNG filed the initial project description for Ksi Lisims LNG with the local and state governments, while in December 2022, the Canada Energy Regulator (CAR) approved an application from Ksi Lisims LNG to export LNG for a period of 40 years.

Ksi Lisims LNG also filed an application with the B.C. government for an environmental certificate on October 16, 2023.

Most Popular

Contracts and Tenders

First Nations invest in LNG Canada pipeline

Canada's TC Energy, operator of the LNG Canada pipeline, said it had closed an agreement with FN CGL Pipeline, an Indigenous-led investment entity representing five First Nations along the Coastal GasLink corridor.
LNG Terminals

Germany’s HEH offers additional Stade LNG long-term capacity

Germany’s Hanseatic Energy Hub will offer additional long-term capacity to the market at its land-based liquefied natural gas (LNG) terminal in Stade.
LNG Terminals

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

More News Like This

Research and Development

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
LNG Terminals

Shell delivers first bio-LNG cargo to Singapore

A unit of UK-based LNG giant Shell has delivered what it says is Singapore's first ISCC EU-certified bio-LNG cargo at the Singapore LNG-operated terminal on Jurong Island.
Corporate

Shell: Q3 LNG trading results to be in line compared to previous quarter

UK-based LNG giant Shell expects trading and optimization results for its integrated gas business in the third quarter of 2026 to be in line compared with the previous quarter.
LNG Terminals

Peru LNG sent four shipments in September

Peru LNG’s liquefaction plant at Pampa Melchorita shipped five liquefied natural gas cargoes in September, the same as in the previous three months, according to shipment data by state-owned Perupetro.