Steelhead LNG Corp. and the Huu-ay-aht First Nations (HFN) have signed an Opportunity Development Agreement that will see them work together to explore developing an LNG project on HFN-owned land at Sarita Bay, 10 km north of Anacla at the southern end of Alberni Inlet on Vancouver Island.
The project, which would include a land-based liquefaction facility, could ultimately represent an investment of $30 billion. Steelhead LNG has applied to the National Energy Board for a license to export up to 30 million ton per annum (mtpa) of LNG for 25 years. The development of the Sarita Bay site would be split into four 6 mtpa LNG production trains.
Steelhead is working with pipeline companies to explore infrastructure options to deliver gas from northern British Columbia to western Vancouver Island, and options for an additional 6 mtpa LNG export facility along a pipeline route.