LNG Project Approved in Canada
The Huu-ay-aht First Nations has approved the proposed Sarita LNG Project with Steelhead LNG, representing the first British Columbia Nation to approve a co-development arrangement for an LNG export facility.
“This is a first in B.C. and Canada, and creates a significant degree of certainty early in the project for not only Huu-ay-aht and Steelhead LNG, but also for government, investors and customers,” Nigel Kuzemko, CEO, Steelhead LNG, said. “The project, which will become a leader in socially responsible energy development both in Canada and globally, will also supply a continually evolving global LNG market in which countries around the world are choosing clean-burning natural gas as a clean, sustainable energy source.”
Under the terms of the arrangement, Huu-ay-aht and Steelhead LNG will move forward to develop the proposed facility on Huu-ay-aht owned land located at at Sarita Bay on the west coast of Vancouver Island.
The Sarita LNG Project is currently in the preliminary engineering and conceptual design stage.
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