The construction of the small-scale C$1.6bn (US$1.3bn) Woodfibre LNG project (British Columbia, Canada) has been pushed back to 2018 because of the increasing challenging price environment. The project's front-end engineering (FEED) has been completed but the process between the completion of FEED and EPC is scheduled to take several months and the construction will start only when the EPC deal is in place. While several projects have been proposed for British Columbia’s coast, none of them have moved to construction and others such as the C$37bn (US$27bn) Pacific Northwest LNG project have been abandoned.
The LNG liquefaction facility project is developed by Woodfibre LNG at the former Woodfibre Pulp and Paper Mill (Canada). It will able to produce 2.1 Mt/year of LNG and to store 250,000 m3 of gas.
The project was endorsed by the Canadian Federal Government in March 2016 and final investment decision (FID) was made in November 2016. It initially received a 25-year export license in December 2013 but in April 2017, the Canadian National Energy Board (NEB) extended the export license for the project up to 40 years.
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