BC BUSINESS – LNG and what B.C. can learn from Norway

Andrew Findlay
Aug 21, 2015

Lessons from a tiny Scandinavian country with big oil-and-gas wealth

Hammerfest lives up to its name. Situated on a barren coastal headland 1,300 kilometres north of the capital, Oslo, and just above the Arctic Circle, this Norwegian city of 10,000 gets hammered by winter winds that whip off the Barents Sea. Fifteen years ago the port city was also getting hammered by a sagging fishing sector, in decline since the 1970s, but today Hammerfest bustles with activity and jingles with money—all thanks to the Snohovit LNG plant. Con- struction of the US$5.3-billion plant—a sprawling facility located on Melkoya Island, which was previously inhabited only by nesting seabirds—began in 2003, with the first load of LNG shipped in 2007. Today annual exports of Snohovit LNG sit at around 5.75 billion cubic metres, destined mostly for Spain’s Iberdrola port and the east coast of the United States.

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BUSINESS IN VANCOUVER – First Nation and Steelhead LNG sign deal for floating LNG facility

By Patrick Blennerhassett
Mining & Energy

Steelhead LNG and the Malahat First Nation have inked a Mutual Benefits Agreement and long-term lease for a floating LNG facility along the shoreline just south of Mill Bay on Vancouver Island.

Steelhead LNG said in a press release that the project will create “employment opportunities” for Malahat Nation, which has 319 members, and will include up to 30 years of revenue generation “along with the creation of up to 200 high-paying long-term positions once the facility is operational.

The release also stated the project would create hundreds of additional direct and indirect jobs all over Vancouver Island in a multitude of sectors such as design and training. The area allocated for the proposed project was a cement manufacturing facility for more than 100 years and is currently a rock quarry.

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HUUAYAHT.ORG – Malahat LNG deal increases feasibility of Sarita project

Huu-ay-aht First Nations is encouraged by the Mutual Benefits Agreement announced this morning by Steelhead LNG and the Malahat Nation.

Through working with the Malahat Nation, Steelhead LNG continues to show its commitment to including input from First Nations communities from the onset of their projects.

Huu-ay-aht First Nations remains committed to proceeding with the project as long as the 11 conditions outlined by Ḥaw̓iiḥ Council are met by Steelhead LNG.

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