Canada invests $200 million in Woodfibre LNG expansion

Natural Resources Canada announced a $200-million investment in Woodfibre LNG to expand the project and support Canada’s low-carbon LNG exports.

• The investment will help Woodfibre LNG increase capacity from 2.1 million tonnes per year to a target of 2.5 to 2.6 million tonnes per year, a 19 to 24 percent increase; the facility is expected to begin operations in late 2027.
• The project is being advanced with the Squamish Nation, is powered by British Columbia’s clean hydroelectricity, and is described as the world’s first net-zero LNG facility; the release says construction could involve 1,500 workers on site daily and 100 full-time positions during operations.