Shell Proposes $12-Billion LNG Plant in Kitimat

Kitimat LNG plant | BCBusiness
Shell and four Asian firms have proposed a $12-billion liquefied natural gas export terminal in Kitimat, B.C.

The Anglo-Dutch energy firm and three Asian partners plan to build B.C’s largest liquefied natural gas facility.

Following Monday’s news that B.C. Premier Christy Clark may revise mandated greenhouse gas goals, Shell announced it will build a massive liquefied natural gas export terminal in Kitimat.
 
Shell, along with three Asian energy firms, plan to invest approximately $12 billion in the facility, making it the largest of four planned plants along B.C.’s coast. The proposed LNG facility will process 12 million tonnes of liquefied natural gas a year to that will go primarily to feed Asian markets’s need for more energy sources.
 
Shell isn’t the only company hoping to get in on B.C.’s LNG game. Encana and the Haisla First Nation have also proposed their own LNG facilities. And with all these plants in the pipeline, it’s inevitable B.C.’s government will revise the province’s emissions target.
 
According to the emissions mandate established by former Premier Gordon Campbell, B.C. must reduce its emissions at least 33 per cent, or around 45 million tonnes total, in the next eight years. But that lofty goal will likely be lowered in the coming weeks as the province paves the way for more energy-intensive LNG plants.