Premier, company say B.C.’s first LNG project moving ahead; First Nation yet to sign on
SQUAMISH, B.C. — Woodfibre LNG said Friday it is proceeding with its proposed liquefied natural gas development near Squamish, B.C., in what would be the province’s first LNG project.
The $1.6-billion development will create 650 jobs during construction and 100 operational jobs over its estimated lifespan of 25 years, Premier Christy Clark told a news conference.
“I am delighted to welcome this good news, which will undoubtedly continue to create good, sustainable, environmentally-sound, high-paying jobs for British Columbians in this region,” said Clark.
The premier has banked plenty of political capital on developing an LNG industry in the province, and the announcement comes months before a provincial election scheduled for May.