MP Zimmer Pleased with Woodfibre LNG Announcement
OTTAWA – Bob Zimmer, Member of Parliament for Prince George-Peace River-Northern Rockies and the Official Opposition Critic for the Asia Pacific Gateway and Corridor Initiative has welcomed the announcement of Woodfibre LNG executive Byng Giraud, of funding approval for a 1.6 billion dollar natural gas liquefaction plant near Squamish.
Mr. Zimmer hopes it will be the first domino to fall in a series of LNG final investment announcements. The plant has been described as the smallest of the leading four proposals in BC but has nonetheless been associated with 650 construction jobs and 100 permanent operating jobs.
“It comes at a time, when it appears there’s reason to hope the global energy industry is finally beginning to slowly emerge from an economic downturn that has resulted in major problems in much of western Canada—including Northeast BC,” said Mr. Zimmer.
If all goes as planned, by 2020, the plant will process natural gas, shipped by pipeline from Northeast BC, into liquefied natural gas destined for Asian markets.
Mr. Zimmer is also pleased that the announcement reports suggest the boat access only plant has moved another step closer to reality with First Nations support.
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