Friday, November 28, 2014

Pacific NorthWest LNG offer up comments regarding Environmental Assessment Certificate for Lelu Island Terminal

With another step along the regulatory process complete, Pacific NorthWest LNG  and parent company Petronas have offered up some comments on the recent news of the granting of an Environmental Assessment Certificate by the Province of British Columbia.

A short note on the Pacific NorthWest LNG Facebook page outlines the observations from the company regarding the provincial approval notice of Tuesday.

Today, Minister Polak and Minister Coleman announced the approval of Pacific NorthWest LNG's BC Environmental Assessment application. 

We would like to thank everyone who provided their important feedback regarding our project. 

Pacific NorthWest LNG continues to consult and engage with local First Nations, stakeholders and residents as we move to successfully complete our federal environmental assessment and secure all necessary permits from all levels of government.

As we outlined on the blog yesterday, the Environmental Assessment Certificate was one of a flurry of LNG related announcements of Tuesday, with the Prince Rupert Gas Transmission Project also receiving its Environmental Assessment Certificate at the same time.

That pipeline project will provide the method of transporting Natural Gas from British Columbia's Northeast Gas fields, to the Lelu Island Terminal should the project move into the development stage.

The Final Investment decision regarding the Lelu Island proposal, is anticipated to be announced in
mid December.

At that time the Malaysian Energy giant Petronas, will outline its plans moving forward, regarding the 11 billion dollar LNG project for the North Coast.

Towards that decision, a Malaysian Business publication, The Malaysian Reserve, is reporting that Petronas CEO Shamsul Azhar Abbas will travel to Vancouver this weekend for meetings in Vancouver with British Columbia government officials.

As the Malaysian paper puts it, the nature of the meeting is "to sit down together and discuss firmly so that clarity is given," adding that "We have the balance of one quarter of issues at hand. We reckon we can sit down and strike a solution"

The full article on the path ahead for Petronas can be found here.

You can review more information on the Pacific NorthWest LNG proposal from our archive page.

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