Kitimat LNG's terminal proposal provides a number of benefits for the province of B.C., the District of Kitimat, First Nations and the region:
- regional economic diversification and increased use of local personnel, goods and services
- 1,500 construction jobs and 100 permanent positions
- gains in jobs, revenue, training and capacity-building for our First Nations partners and their communities
Kitimat LNG is a subsidiary of Galveston LNG Inc.
The Kitimat LNG Terminal will receive natural gas supplies via pipeline from the Western Canadian Sedimentary Basin. At the Terminal, the gas will be chilled to minus 160 degrees Celsius, at which point it becomes liquefied natural gas (LNG). The LNG is stored in full containment tanks and then shipped in specially-designed marine vessels to markets in Asia, where demand for clean natural gas is strong and growing. The Kitimat LNG Terminal will adhere to government regulatory and state-of-the-art engineering and safety standards.
WHAT'S NEW
September 19, 2008
Kitimat LNG plans liquefied natural gas export terminal to meet growing demand in Asia
Expanding supplies of natural gas in Western Canada drive proposal
Rising natural gas demand in Asia and recent increases in supply throughout North America – including in the U.S., Canada’s traditional export market – have led to significantly higher natural gas prices in Asia than North America. These market and pricing conditions provide a compelling opportunity for companies looking to export LNG from North America to Asia. More >>