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Companies give final go-ahead to Kitimat LNG facility

cbc.ca logo cbc.ca 2018-10-02 CBC/Radio-Canada

A rendering of the proposed project shows the processing terminal in Kitimat, B.C. All five primary investing companies have signed off on the project. © LNG Canada/Flickr A rendering of the proposed project shows the processing terminal in Kitimat, B.C. All five primary investing companies have signed off on the project. The five primary investors in a proposed liquefied natural gas project in northern British Columbia granted their final approval Monday for the development.

The $40-billion LNG Canada project calls for the construction of a pipeline to transport natural gas from Dawson Creek in northeastern B.C. to a to-be-built processing terminal on the coast in Kitimat, where the gas would be liquefied for overseas export.

The B.C. ministries of Finance and Energy have estimated that the project will generate $22 billion in direct government revenue over the next 40 years.

The project is also expected to employ as many as 10,000 people in its construction and up to 950 in full-time jobs.

To help make the project happen, Premier John Horgan's government offered a break on the carbon tax as well as an exemption on provincial sales tax related to construction costs.

According to information provided by the province, LNG Canada would be the least greenhouse gas-intensive large LNG facility in the world.

However, B.C. Green Party Leader Andrew Weaver was skeptical the project would mesh with the province's goal of lowering greenhouse gas emissions to 40 per cent below 2007 levels by 2030.

In a statement, he said his party would not support the LNG legislation that would be required.

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