The B.C. government has given the go-ahead for a $20 billion liquefied natural gas (LNG) project on the province’s North Coast that will produce up to 12 million tonnes of LNG per year by 2028.
The indigenous-led Ksi Lisims LNG project has received the green light from both the province and Ottawa.
It is expected to generate as much as $16.8 billion in gross domestic product (GDP) for the Canadian economy over a 30-year span, with a potential contribution of $15.5 billion in British Columbia, Premier David Eby announced during a Sept. 16 press conference.
“There’s never been a more critical time to diversify our economy and reduce reliance on the U.S., and B.C. is leading the way in Canada, with clean electricity, skilled workers, and strong partnerships with First Nations,” Eby said, noting that the project will create 800 jobs during construction and more than 200 jobs once it is up and running….