Last week, the B.C. government released the text of its Project Development Agreement with Pacific Northwest LNG (led by Malaysian state enterprise, Petronas), considered the front-runner in getting B.C. a liquefied natural gas export industry. The agreement goes to the B.C. legislature this week in order to convince Petronas to make a "final investment decision."
There are still other barriers to this project going forward, due to First Nations rights and the province's environmental assessment process. The project hit a major snag when the Lax Kw'alaams First Nation balked at Petronas' proposed site for its LNG terminal. Also, the Gitga'at First Nation has just launched a legal challenge for not being consulted in the development process.
There are still other barriers to this project going forward, due to First Nations rights and the province's environmental assessment process. The project hit a major snag when the Lax Kw'alaams First Nation balked at Petronas' proposed site for its LNG terminal. Also, the Gitga'at First Nation has just launched a legal challenge for not being consulted in the development process.