Construction on the Woodfibre liquefied natural gas (LNG) facility is scheduled to begin in the third quarter of 2021. Confirmation of plans to begin construction is based on a recent sales and purchase agreement between Woodfibre project proponent Pacific Oil and Gas and BP Gas Marketing.
Woodfibre LNG is a proposed liquefied natural gas (LNG) export facility located in Squamish, B.C. – midway between Vancouver and Whistler. For nearly 100 years, the site was used as pulp and paper operation, which closed in 2006. The site is also a historic village used by the Squamish Nation for seasonal fishing, known by its traditional name of Swi’yat.
Since the project was launched, Woodfibre LNG has received three environmental approvals from the B.C. and Canadian governments, and from the Squamish Nation. Woodfibre’s groundbreaking process of consent with the Squamish Nation was first of its kind and resulted in the first-ever environmental approval by an Indigenous people in the absence of a treaty. Today, Woodfibre is proud to acknowledge the Squamish Nation as a full regulator on the project.
Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in northeastern B.C. Pacific Canbriam is an industry leader in sustainable natural gas production, especially with respect to water management. Once operational Woodfibre LNG will create over 100 full-time, well-paid jobs based in Squamish and will contribute over $80 million per year in taxes to government. By using renewable hydro-electricity for power, Woodfibre will be among the cleanest LNG export facilities in the world.