$10 Billion Ksi Lisims LNG Could Be Operational By 2027-2028
NISGA’A NATION – A significant step has been made towards the creation of the Ksi Lisims LNG project, a proposed $10 billion, 12-million tonne per year liquified natural gas project at Wil Milit on the northern tip of Pearse Island that could become operational in late 2027 or 2028.
Nisga’a Nation, Rockies LNG and Western LNG announced the filing of the Initial Project Description of the natural gas liquefaction and marine terminal project with the governments of British Columbia and Canada July 19.
“Attracting an economic base to the Nass Valley has long been a priority for the Nisga’a Nation,” says Nisga’a Nation President Eva Clayton. “This is why, for close to a decade, our Nation has worked to attract a world-leading LNG project to our treaty lands, and why we are proud to commence the formal regulatory process for our project, Ksi Lisims LNG.
Charlotte Raggett, President and CEO of Rockies LNG, says, “Ksi Lisims LNG will provide Canadian natural gas producers with new access to growing global energy markets, and importantly, global LNG prices. We look forward to working with the Nisga’a Nation, other First Nations, governments and stakeholders as we advance Ksi Lisims LNG.”
Filing the Initial Project Description is part of the ongoing first phase of engagement to ensure First Nations, local communities and the public can work with the Ksi Lisims LNG proponents as project design is finalized and can provide input to assist governments during the environmental assessment process. Early engagement will allow neighbors to the project to provide meaningful input into how it can maximize benefits and minimize impact on the environment and nearby communities.
“We are very excited to work with the Nisga’a Nation and Rockies LNG to bring the Kisi Lisims LNG project to market,” says Davis Thames, Western LNG Founder, President and CEO. “This project will be important to the global LNG industry as it navigates the energy transition. Fueled by clean British Columbia hydropower and supplied by low carbon Canadian natural gas, Ksi Lisims LNG will achieve one of the world’s lowest unit carbon emissions rates for a large-scale LNG export project, making net zero both feasible and achievable.”
Thames adds that the project’s floating design is central to delivering a project like this in a remote location on time and on budget.
“Together with the Nisga’a Nation and Rockies LNG, we have a tremendous opportunity to provide clean energy to the world, while creating good jobs in our neighbouring communities and economic benefits for western Canada for decades to come.”
When up and running, Ksi Lisims LNG will receive approximately 1.7 to 2.0 billion cubic feet of natural gas per day.
Two natural gas pipeline projects are being evaluated for Ksi Lisims LNG. Both pipeline projects have received regulatory approvals following robust environmental assessment processes and can connect resources in northeastern BC to the proposed project site. The selected natural gas pipeline will be owned and operated by a third party.
Ksi Lisims LNG will generate significant social and economic benefits, including public revenues, jobs, training and business opportunities for First Nations and other communities in B.C. and Alberta. Total direct and indirect economic impact related to the Kisi Lisims LNG facility, infrastructure and upstream activities is estimated at approximately $55 billion.
Rockies LNG is a limited partnership of Canadian natural gas producers, and Western LNG is a Houston, Texas-based company engaged in the development of North American energy infrastructure industries.