On September 15, 2025, Ottawa and Victoria officially gave the green light to the Ksi Lisims LNG project, located near Gingolx in northwestern British Columbia. This large-scale terminal will make Canada a stronger global competitor in liquefied natural gas exports, with Asia set to be its main market.
Once operational, the facility is expected to deliver 12 million tonnes of LNG annually, making it the second-largest Canadian LNG exporter after LNG Canada. Construction could begin as early as 2026, with full operation targeted for 2029.
What sets the project apart is its commitment to green energy: it will rely heavily on BC Hydro’s renewable hydropower. This approach positions Ksi Lisims as one of the lowest-emission LNG facilities worldwide, aligning with Canada’s climate goals and appealing to ESG-focused investors.
Still, challenges remain. Experts question whether BC’s hydroelectric system can reliably supply the vast energy needs of the project. Indigenous consultation, environmental reviews, and regulatory hurdles will also play a role in shaping the timeline.
“This is a once-in-a-generation opportunity for Canada to lead the world in clean LNG exports,” said a BC government representative, highlighting the balance between economic growth and climate responsibility.
Key Takeaways for Canadian Business
- Export Growth: Canada will expand its role in supplying LNG to Asia, strengthening trade relationships.
- ESG Advantage: The project’s green credentials could attract global investors prioritizing sustainable energy.
- Local Jobs: Thousands of jobs will be created in construction, logistics, and operations across BC.
- Supply Chain Opportunities: Contractors and service providers stand to benefit from long-term infrastructure development.
- Regulatory Risks: Approval timelines, environmental reviews, and Indigenous rights will be key factors for success.
Source: Reuters
