A contract has been signed with Hyundai Heavy Industries for the front-end engineering and design of two At-Shore LNG hulls for the proposed liquefied natural gas export facility located at Sarita Bay on Vancouver Island.
Jury Comments: “This is a “first of its kind” project creating a standalone generating station fuelled by liquid natural gas (LNG) to feed into a small hydro grid. The experience gained here can be leveraged for further LNG use across Northern Canada to reduce the reliance on diesel for back-up power, with its associated greenhouse gases. The project also involved the local community and First Nations in the construction.”
Bill 30 would provide project proponents with protection under the LNG Income Tax, the Natural Gas Tax Credit, and the Carbon Tax and greenhouse gas emissions regulations.