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B.C. First Nation Buying ‘Ready-to-Go’ Natural Gas Pipeline to Supply LNG Project – Energy Now

March 27, 2024

‘It is an opportunity for us to create a better quality of life for our children and grandchildren’

Momentum continues building for Indigenous-led Canadian liquefied natural gas (LNG), with a second project securing a pipeline connection.

The Nisga’a Nation, a small coastal community near B.C.’s border with Alaska, announced earlier this month it will purchase TC Energy’s Prince Rupert Gas Transmission project along with partner Western LNG.

It’s a turning point for the proposed Ksi Lisims LNG project, particularly because the pipeline has all the permits it needs to go ahead, said market analyst Ian Archer.

“Buying this asset, a permitted and ready-to-build natural gas pipeline, puts control in the hands of the project’s partners,” said Archer, S&P Global’s associate director for gas, power and climate solutions.

“The Nisga’a Nation and Western LNG now have control over the timeline and development of their proposed development. It’s a great day for them and the LNG industry in B.C.”

Read More: https://energynow.ca/2024/03/b-c-first-nation-buying-ready-to-go-natural-gas-pipeline-to-supply-lng-project/

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