About The Project
Woodfibre LNG Limited is proposing to build a modestly-sized liquefied natural gas (LNG) processing and export facility at the former Woodfibre pulp mill site, about seven kilometres southwest of Squamish, British Columbia.
Woodfibre LNG is licenced to export about 2.1 million tonnes of LNG per year for 40 years, which means should our project go ahead, three to four times per month an LNG carrier will travel through well-established shipping lanes to the Woodfibre LNG terminal. Each carrier will travel at 8 to 10 knots in Howe Sound, be accompanied by at least three tugboats, at least one of which will be tethered to the carrier, and have two BC Coast Pilots on board, who are experts on BC’s coast.
When Woodfibre LNG Limited’s ownership was looking for the right location to build and operate a modestly sized LNG processing and export terminal in British Columbia, the Woodfibre site on the shores of Howe Sound was by far the best fit. The brownfield site was home to pulp mill operations for 100 years, is zoned industrial, has a deep water port on a waterway that for decades has been used for commercial shipping, and has access to electricity from BC Hydro and a FortisBC natural gas pipeline. To learn more about the FortisBC Eagle Mountain – Woodfibre Gas Pipeline Project, visit here.
In February 2015, Woodfibre LNG Limited officially became the owner of the Woodfibre site, and the purchase means we can contribute to the revitalization of Howe Sound. Thousands of truckloads of contaminated sediment and woodchips have already been removed from the foreshore of the site. If the project goes ahead, Woodfibre LNG is committed to removing about 3,000 creosote coated piles, which can harm fish, from the foreshore of the site and creating a ‘green zone’ around Mill Creek, which runs through the middle of the project site. All of these measures will help improve habitat for freshwater and marine fish, including herring, and will ultimately improve Howe Sound.
The Woodfibre LNG project will bring responsible economic growth to the nearby community of Squamish and the region. This includes about 100 full time jobs at the facility during operation, and about 650 jobs each year of an estimated two year construction period. The project will also create an estimated $83.7 million (2014 CAD) in tax revenue for all three levels of government during the construction phase of the Project, and an estimated $86.5 million (2014 CAD) in tax revenue for all three levels of government per year of operation.
Woodfibre LNG is also committed to building a project that is right for Squamish and right for BC. Since 2013, Woodfibre LNG has held more than 320 community meetings, hosted two business information sessions and opened a Community Office in Squamish. Community consultation has led to meaningful changes to the project. The Woodfibre LNG plant will be powered with electricity from BC Hydro instead of natural gas, which will reduce our greenhouse gas emissions by about 80%, and make Woodfibre LNG one of the cleanest LNG facilities in the world.