British Columbia is home to significant natural gas resources that greatly exceed the domestic need. 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 Japan, Taiwan and South Korea 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 a $9 billion to $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 3,500 jobs will be created at the peak of construction, plus 200 to 300 new long-term careers operating the facility and an estimated 200 to 300 spin-off jobs to the region.