Petronas CEO Datuk Wan Zulkiflee. Image courtesy of Petronas. DATUK WAN ZULKIFLEE 1

The Canadian government has granted conditional approval for Petronas’s Pacific NorthWest LNG project.

Malaysia-based Petronas said on Wednesday that the Government of Canada has granted conditional approval for the proposed Pacific NorthWest LNG project.

According to Bloomberg, the Canadian government attached 190 conditions to the approval including a cap on carbon emissions and hiring an independent environmental monitor in consultation with First Nation groups and the local government.

Petronas said it will study the conditions before deciding on its next steps.

“Petronas and its partners will study the conditions imposed by the Canadian authorities and conduct a total review of the proposed project prior to deciding on the next steps forward,” the company said.

According to the Government of Canada, the project would be one of Canada’s largest resource development projects with a total capital investment of up to $27 billion (C$36 billion) when including upstream natural gas development.

During construction, the project will create an estimated 4,500 jobs and an additional 630 direct and indirect jobs during the operation of the facility.

The Pacific NorthWest LNG project would be a world-scale LNG export facility on Canada’s West Coast at Lelu Island near Prince Rupert, British Columbia.

The proposed facility will include an initial development of two LNG trains of approximately 6 million tonnes per annum (MTPA) each.
A subsequent development of a third train of about 6 MTPA.
The proposed facility would liquefy and export natural gas produced by Progress Energy Canada in northeastern British Columbia.

“The only way to get resources to market in the twenty-first century is if they can be done in a responsible and sustainable manner. This decision reflects this objective,” Minister of Environment and Climate Change Catherine McKenna said.


Leave a Reply