The B.C. government has recalled the legislation today for a rare summer session to discuss and publicly debate the project agreement signed by the Province and Pacific NorthWest LNG.
The announcement was made in a press release last month but today is the day they begin the conversation.
“The company has met its commitment to ratify the agreement we signed, which establishes the path to a final investment decision on the project,” Minister of Finance, Michael de Jong, said in the release. “Now it’s for the government to address our commitment, which will see the public release of the PDA and the introduction of legislation that would both ratify this agreement and enable future agreements with other proponents.”
This discussion will move forward and possibly finalize the proposed liquefied natural gas (LNG) export terminal in Lelu Island, located in the District of Port Edward on land administered by the Prince Rupert Port Authority.
This $36-billion investment project, which began in September 2011 is expected to create 4,500 jobs, 330 direct operational long-term jobs and 300 local spin-off jobs.