Seven natural gas producers have teamed up with the Nisga’a Nation to submit a plan to regulators for approval to build a $55-billion energy megaproject in British Columbia, saying they have learned valuable lessons from other initiatives that have failed to materialize over the past decade.
Calgary-based Birchcliff Energy Ltd. is leading the group of producers known as Rockies LNG, which has enlisted Houston-based Western LNG LLC to help carry out plans to construct the B.C. project to export liquefied natural gas to Asia. Their Ksi Lisims LNG project is named after the Nass River in the Nisga’a language.
Ksi Lisims LNG’s filing to regulators doesn’t provide a detailed breakdown of the costs, but the total price tag includes a wide range of items, including floating modules to supercool natural gas into liquid form. Continue Reading →