Korean firm eyes Alberni LNG facility – BC Premier

BC Premier Christy Clark touted international interest in a liquid natural gas facility near Port Alberni.

BC Premier Christy Clark touted international interest in a liquid natural gas facility near Port Alberni.

In a broadcast keynote address Wednesday afternoon to attendees at the Vancouver Island Economic Alliance Summit in Nanaimo, Clark said that there is interest by a Korean company in an LNG export facility in Port Alberni.

Port Alberni is ideally located for such a venture because of its access to the Pacific Ocean and to Asia, she said.

The initiative is connected to last week’s signing of a protocol between the Port Alberni Port Authority and the Huu-ay-aht First Nation.

The protocol sets out terms of cooperation for further studying a transshipment container hub on 750 acres of land in Huu-ay-aht territory. The plan also envisioned an LNG facility as part of the complex.

An LNG facility alone could be a “game changer” in Port Alberni, PAPA executive director Zoran Knezevic said.

“There could be 200 jobs on an LNG facility alone with construction then operation of a facility,” he said. “It would have a significant impact in the Alberni region.”

The government supports the initiative but further discussion about funding will hinge on more concrete commercial interest, Knezevic said.

A proponent from Korea is interested in an Alberni Inlet facility. If cemented, the deal could be worth more than $10 billion, he said. PAPA is working on an industrial suitability study on the idea, which should be finished in a couple of weeks, he added.

PAPA is also researching an existing right-of-way held by Fortis that allows the gas company to run a 36-inch pipeline that already supplies natural gas to residential customers. It’s possible that the line may be twinned in order to accommodate industrial use, Knezevic said. The new line could be run from the Lower Mainland to an Alberni LNG facility.

reporter@albernivalleynews.com

Twitter.com/AlberniNews

 

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Port Alberni RCMP searching for missing man

Jeff Buck was last seen June 25, 2020

B.C. Supreme Court dismisses claim against Island Corridor Foundation

Snaw-Naw-As (Nanoose) First Nation was seeking return of reserve land as railway sits unused

QUINN’S QUIPS: Ramsay family of Port Alberni takes a grad trip of a lifetime

Family got caught in Europe as countries were closing their borders due to COVID-19

ARTS AROUND: Creative carvings on display at Rollin Art Centre

July’s exhibit will feature artists Cecil Dawson, Allen Halverson, Nigel Atkin and others

WATCH: Vintage trucks parade through Port Alberni

Industrial Heritage Society volunteers celebrate Canada Day with a quiet cruise through town

All community COVID-19 outbreaks declared over in B.C.

Abbotsford manufacturer cleared by Dr. Bonnie Henry

B.C. First Nations vow to keep fighting after Trans Mountain pipeline appeal denied

Squamish Nation, Tsleil-Waututh Nation and Coldwater Indian Band made the application

‘Queue jumpers’ not welcome in B.C. as COVID-19 U.S. cases rise: Horgan

Premier Horgan said he’s heard concerns that Americans have stopped at Vancouver hotels instead of heading to their destination

US officer resigns after photos, connected to death of black man in 2019, surface

Elijah McClain died, last summer, after police placed him in a chokehold

Black worker files discrimination complaint against Facebook

Oscar Veneszee, Jr. has worked as an operations program manager at Facebook since 2017

Nestle Canada selling bottled water business to local family-owned company

The Pure Life bottled water business is being sold to Ice River Springs

Major B.C. salmon farm tests new containment system to curb sea lice infestations

System “essentially eliminates” contact between wild and farmed fish stocks, says Cermaq

Major B.C. salmon farm tests new containment system to curb sea lice infestations

System “essentially eliminates” contact between wild and farmed fish stocks, says Cermaq

Most Read