The Pacific NorthWest liquefied natural gas project in British Columbia has been conditionally approved with 190 legally binding conditions. Environment Minister, Catherine McKenna, said the investment was worth CAD $11 billion and would be one of Canada’s largest resource development projects.
The project, backed by Malaysian-owned energy giant Petronas, would move natural gas from B.C.’s northeast via a TransCanada pipeline to a terminal on Lelu Island near Prince Rupert for export to Asia.
In a statement, Adnan Zainal Abidin, president of Pacific NorthWest LNG, welcomed the announcement, saying it was a significant milestone. “Moving forward, Pacific NorthWest LNG and our shareholders will conduct a total project review over the coming months prior to announcing next steps for the project,” he said.