Conventional Energy · BC · #5 of 131 disclosed prospectus tickets

Ksi Lisims LNG + PRGT Pipeline

Summit deal plate Fast-track list (MPO)

12 MTPA floating LNG export terminal, Pearse Island; fully permitted

At a glance

Proponent
Nisga'a Nation / Western LNG / Rockies LNG
Capex (as printed)
US$29B
Capex (US$, midpoint)
US$29B
Stage
Shovel-ready
Location
54.85°N, 130.35°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
Yes — referred to the Major Projects Office
Project location.

Cost by component Estimate

Listed: US$28.5B in prospectus (≈ C$39B). C$ ranges anchored on the comparables under each bar.

Floating LNG units & mooring (2 × 6 MTPA)
C$9B – C$26B
Proponent US$550–600/tpa ≈ C$8.3–9B vs independent benchmarks US$1,200–1,900/tpa ≈ C$26B (IEEFA)
PRGT pipeline (~800 km)
C$10B – C$12B
Original C$5B estimate has doubled to C$10–12B
Electrification, marine works & site
C$1.5B – C$3B
North Coast Transmission tie-in; jetties and shore facilities
Owner's costs, financing & contingency
C$2B – C$4B
Typical 10% on a shovel-ready project
Sum of ranges
C$22.5B – C$45B

Key facts Reported

Terminal
2 × floating LNG units, 12 MTPA, Pearse Island (Nisga'a treaty land)
Pipeline
Prince Rupert Gas Transmission, ~800 km from NE BC
Offtake
~4 of 12 MTPA contracted (IEEFA, 2025)
Power
Electrified via BC Hydro; gas-fired alternative adds ~C$2B
Status
Fully permitted, shovel-ready; MPO tranche 2; PRGT FID early 2026

Timeline

Modelled GDP contribution Modelled

Build 2027–2032 at 55% construction value-added, then 12% of capex per year operating. Peak US$3.4B/yr · cumulative 2026–40 US$41B.

US$0MUS$1.0BUS$2.0BUS$3.0B2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway62 km
Major highway777 km
Transmission ≥230 kV99 km
Pipeline145 km
PortStewart122 km
Generating stationW.A.C. Bennett (2,876 MW)530 km
City >50kPrince George502 km

Nearest other projects

Prince Rupert E-FuelsClean Energy64 km
Red Mountain & Premier GoldMinerals & Metals126 km
LNG Canada Phase 2Conventional Energy143 km
North Coast Transmission LinePower & Utilities219 km
Berg CopperMinerals & Metals270 km

Also in British Columbia

LNG Canada Phase 2Advanced / FEEDUS$24B
Woodfibre LNG ExpansionEarly / conceptUS$9.9B
North Coast Transmission LineUnder constructionUS$4.4B
Berg CopperFeasibility / permittingUS$3.4B
Prince Rupert E-FuelsEarly / conceptUS$1.3B – US$5.3B
Roberts Bank Terminal 2Advanced / FEEDUS$2.6B

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