Canada Infrastructure Bank retains LNG consultant as it mulls financing for B.C. project
The Canada Infrastructure Bank has hired a liquefied natural gas consultant to explore financing options for the Ksi Lisims LNG project in British Columbia. The project, backed by the Nisga’a Nation and other partners, has received conditional approvals from both provincial and federal governments. Critics are raising concerns about the environmental impacts and the ethical implications of financing fossil fuel projects.
- ▪The Canada Infrastructure Bank is reviewing financing for the Ksi Lisims LNG project in B.C.
- ▪David Keane, a former LNG executive, has been appointed as a consultant to assist with the project.
- ▪Critics argue that financing fossil fuel projects contradicts the CIB's mandate to support clean energy initiatives.
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Open this photo in gallery:The Nisga’a Lisims government building in the village of Gitlaxt’aamiks in northwestern B.C. in 2023. The Nisga’a Nation, Western LNG and a group called Rockies LNG are partners in the Ksi Lisims LNG venture.Jesse Winter/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountCanada Infrastructure Bank has retained a consultant who specializes in liquefied natural gas as it reviews the possibility of financing for the planned Ksi Lisims LNG project in British Columbia.David Keane, a former president at Woodfibre LNG, said his appointment as an adviser to the federal Crown corporation is meant to help advance LNG projects in Canada.“Projects such as Ksi Lisims LNG exemplify what is possible when strong Indigenous…
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