Nisga’a and partners plan huge floating LNG export project in Canada

The Nisga’a Nation and partners have revealed plans to export up to 12 million tonnes per year from a floating LNG project in Canada’s British Columbia.

The other two partners include Houston-based Western LNG and Rockies LNG, a limited partnership comprised of Canadian natural gas producers.

The partners said on Monday in a statement they have filed the initial project description for the development named Ksi Lisims LNG with the local and state governments.

Ksi Lisims LNG, meaning “from the Nass River” in the Nisga’a language, would be located at Wil Milit on the northern tip of Pearse Island near the Nisga’a village of Gingolx.

Moreover, the project would receive about 1.7 to 2.0 billion cubic feet of natural gas per day.

It would use renewable BC hydropower in combination with strong monitoring and measurement, energy efficiency, purchase of carbon offsets but also potential carbon capture and storage.

In addition, Ksi Lisims LNG plans to achieve net-zero greenhouse gas emissions associated with the facility within 3 years of start-up, the statement said.

Total direct and indirect economic impact related to the Ksi Lisims LNG facility, infrastructure and upstream activities could reach about C$55 billion ($43.1 billion), according to the partners.

The size of the development is similar to the Shell-led LNG Canada project currently under construction in Kitimat, British Columbia. Also, Canada’s Pembina Pipeline and the Haisla Nation recently said they were joining forces on a proposed floating LNG export facility in Kitimat as well.

Commercial operations at Ksi Lisims LNG could start in late 2027 or 2028 while the fuel would go to markets in the Pacific basin, primarily in Asia, the partners said.

- Advertisements -

Most Popular

Update: LNG tanker runs aground in Suez Canal

NYK's 2021-built LNG carrier Grace Emilia ran aground in the Suez Canal on Wednesday, but the incident did not...

Shell’s CEO says Europe’s energy crisis is far from over

The energy crisis in Europe is a "multiyear issue" and governments will have to work faster to address the...

Samsung Heavy to build LNG carrier duo for about $496 million

South Korean shipbuilding giant Samsung Heavy Industries has won a new order to build two liquefied natural gas (LNG)...

More News Like This

TC Energy expects LNG Canada pipeline costs to hit about $10.9 billion

TC Energy now estimates costs for its giant pipeline that will supply natural gas to the Shell-led LNG Canada...

LNG Canada pipeline 83 percent done

TC Energy’s Coastal GasLink is moving forward with the construction work on the giant pipeline that will supply natural...

LNG Canada pipeline more than 81 percent complete

TC Energy’s Coastal GasLink is moving forward with works on the giant pipeline that will supply natural gas to...

Ksi Lisims floating LNG export project gets OK from Canadian regulator

The Canada Energy Regulator (CAR) said it had approved an application from Ksi Lisims LNG, a 12 mtpa floating...