Canada puts $200M into B.C. floating LNG facility

 Canada says it is putting $200 million toward the construction of a liquefied natural gas plant off the coast of British Columbia.

In an announcement Thursday, the Ministry of Energy and Natural Resources Jonathan Wilkinson said it would send the federal dollars to Cedar LNG, a nearly $6-billion floating gas facility being built off Kitimat, B.C.

Under construction since July 2024, the floating facility will be fed by the Coastal GasLink pipeline. Once the gas reaches the facility, it will be cooled to minus 162 degrees Celsius, transforming three million tonnes into a liquid every day. From there, it would be loaded onto ships and exported to Asia starting in 2028.

“The need to

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