Oil and gas giant to build on wa lng find t he new $60billion LNG plant in Kamloops.
The company on Friday confirmed it had paid $55m in a “significant loan guarantee” to help fund a $10m LNG train line connecting Victoria to Kamloops.
An earlier deal announced by the company and First Nations had already helped to help pay for the LNG train line.
The company said the new $100m line, which would carry enough gas to lift more than 590,000 people, would be ready for export by 2017.
“LNG is an attractive product to investors, because it is abundant and clean at high volumes, and it is affordable for customers, who will be better able to afford lower-carbon transport options in their communities,” chief executive John Boulton said in a release.
The pipeline expansion was a major milestone in a three-year, $150-billion effort to boost the country’s lignite resource.
Under the project, the Kinder Morgan subsidiary would open a 30,000-barrel terminal블랙 잭 and export 1.2 million metric tonnes of LNG by the first quarter of 2018.
The pipeline would also be used to export natural gas to China and to transport fuel from the southern part of the United States to Asia via tanker ship.
As in past years, First Nations have been involved in the environmental assessment for the project.
“This project is critical to the long-term development of B.C.’s lignite resource,” said Boulton. “If our people are to move forward with th제주출장샵eir communities they need to have their needs met.”
Boulton, a member of the federal cabinet since 2013, was hired this spring by the company as part of the Liberal government’s “win win” government-wide agenda to get t시흥출장샵he construction of Kinder Morgan’s new liquefied natural gas infrastructure under way in 2015 and 2016.
The project has raised fears in B.C. indigenous groups about environmental pollution and the impacts of the massive expansion of pipelines that use natural gas to move the gas from the production of the petroleum sector to the distribution point.
In the past, federal and provincial governments have approved hundreds of LNG exports each year without their own indigenous knowledge, Boulton said.
The B.C. government recently announced that it was “pushing the envelope” to give First Nations the right to the environmental information surrounding the LNG terminals, which are located under traditional triba