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market news

Tsawwassen First Nation Considers Building LNG Terminal Near Vancouver

Kristen Moran
Nov. 16, 2015 12:58PM PST
Resource Investing

The Globe and Mail reported that the Tsawwassen First Nation is considering building a terminal south of Vancouver to export liquefied natural gas (LNG).

The Globe and Mail reported that the Tsawwassen First Nation is considering building a terminal south of Vancouver to export liquefied natural gas (LNG).
As quoted in the market news:

“TFN is committed to ensuring best practices are used in every aspect of the supply chain,” the aboriginal group said in a statement Monday.

The Tsawwassen First Nation is located near Delta, south of Vancouver.

The proposal calls for five or six tankers per month to load up with LNG at Roberts Bank. Members of the First Nation are scheduled to vote on the proposal on Dec. 16.

“The storage facility would link to a vessel-loading facility at Roberts Bank via a new pipeline,” the Tsawwassen First Nation said, noting that it has selected industrial property on its land for the planned LNG site.

The band’s announcement comes as Premier Christy Clark tours FortisBC’s $400-million Tilbury LNG expansion project in Delta, about 20 kilometres away.

Clark made building a liquefied natural gas industry a key plank of her re-election campaign in 2013.

Click here to read the full Globe and Mail report.

gas industry natural gas industry market news liquefied natural gas
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