LNG project in B.C. conditionally approved

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.

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