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Floating 12 million mt/year LNG export facility proposed for British Columbia

Highlights

Commercial operation seen for late 2027 or in 2028

Two potential pipelines already approved

A floating 12 million mt/year LNG export facility has been proposed for placement off the British Columbia coast.

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The Ksi Lisims LNG project is proposed by Rockies LNG, Western LNG and the Nisga'a Nation, whose land on Pearse Island it would be offshore, they said in a July 19 statement.

The initial project description for the facility has been filed with the governments of British Columbia and Canada, they said.

Details of the floating design were not outlined in the statement, but this aspect of the project is expected to be integral to delivering the project on time and on budget, according to Western LNG President and CEO Davis Thames.

Commercial operations at the plant are anticipated to start in late 2027 or 2028, and it is expected to receive approximately 1.7 Bcf/d-2 Bcf/d of natural gas, according to the statement.

Two gas pipeline projects are being evaluated to supply the project, both of which have received regulatory approvals following environmental assessments and will connect with gas resources in northeastern British Columbia, the statement said. The pipeline infrastructure will be owned and operated by a third party.

"Ksi Lisims LNG will provide Canadian natural gas producers with new access to growing global energy markets, and importantly, global LNG prices," said Charlotte Raggett, president and CEO of Rockies LNG.

Carbon Credentials

Ksi Lisims LNG will have one of the lowest unit carbon emissions rates of any large-scale LNG export project, according to the statement.

The project will incorporate the use of hydroelectricity in combination with strong monitoring and measurement, energy efficiency, purchase of carbon offsets and potential carbon capture and storage, Rockies LNG said.

"This project will be important to the global LNG industry as it navigates the energy transition," Western LNG's Thames said. "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."