British Columbia is home to significant natural gas resources that greatly exceed the domestic need. A federal government report estimates B.C has enough natural gas to support domestic use and exports for 150 years. Historically, B.C. has sold surplus natural gas to other jurisdictions in Canada and the United States. Increased natural gas production in the U.S. has decreased the demand and price of B.C.’s natural gas. However, key Asian markets including need to find new natural gas providers to meet their current and growing needs as they transition from higher-emitting fuel sources.
Pacific NorthWest LNG is a proposed natural gas liquefaction and export facility on Lelu Island within the District of Port Edward on land administered by the Prince Rupert Port Authority. The facility would liquefy and export natural gas produced by Progress Energy Canada Ltd. in northeast B.C. The facility represents an estimated $11 billion investment. Pacific NorthWest LNG has contracted with Canadian company TransCanada Pipeline Limited to design, construct and operate a new natural gas pipeline that will transport B.C. natural gas to our facility.
Pacific NorthWest LNG will generate new economic and social benefits for the local community, BC and Canada in an environmentally safe and sustainable manner. Up to 4,000 jobs will be created at the peak of construction, plus 330 new long-term careers operating the facility in the community and an estimated 300 spin-off jobs in the region.