CALGARY - A liquefied natural gas project being proposed in a northern B.C. A Calgary-based group of LNG companies called Rockies LNG and Texas-based Western LNG say the project in the Nisga’a Nation could have an economic impact of $55 billion over the next 30 years. The project, called Ksi Lisims LNG after the Nisga’a name for the Nass River, is being touted as a low-cost source of LNG, which will also serve to economically support the First Nation. “Attracting an economic base to the Nass Valley has long been a priority for the Nisga’a Nation,” said Nisga’a Nation President Eva Clayton. “Ksi Lisims LNG will provide Canadian natural gas producers with new access to growing global energy markets, and importantly, global LNG prices,” said Charlotte Raggett, president and CEO of Rockies LNG.

Source: thestar July 19, 2021 16:58 UTC