Northern Rockies Regional Municipality

NRRM Statement on LNG Canada Announcement

Regional Council has received many questions and comments since LNG Canada’s announcement October 1st of a positive final investment decision. The $40 billion project will see a pipeline carrying natural gas from Dawson Creek to a new processing plant on the coast in Kitimat, where it will liquefied for overseas export.

Regional Council views this announcement as good news for northern BC, as LNG Canada opts to commit to “the single largest private sector investment in Canadian history”.

Each of the joint venture participants in LNG Canada is responsible to provide its own natural gas supply, which is anticipated to be sourced largely from the Montney Basin formation centred around Dawson
Creek.

How will this announcement affect the Northern Rockies? While not projected to make use of the Horn River Basin’s gas resource, the news is still positive. LNG Canada has paved the way for others, havingsuccessfully negotiated the regulatory framework to proceed with the project. Other companies may more confidently invest, with the knowledge that BC projects can be sustainable, both environmentally and commercially.

“The joint venture partners in LNG Canada have the conviction to go ahead with a huge project, and we are hopeful that this decision will set a precedent for other corporations looking to develop our local resources,” stated Mayor Streeper about the announcement.

View the LNG Canada Release:

LNG Canada Announces a Positive Final Investment Decision

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