LNG

Five First Nations can invest up to C$1 billion to own an LNG storage tank – as part of the LNG Canada’s Phase 2 expansion – and lease it back to the terminal developer for the operational life of the project. The tank would have a capacity of 225,000 cubic metres and would be built in Kitimat, BC, with an investment decision on Phase 2 targeted by the end of 2026.

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