Ksi Lisims LNG’s 12-million tonne/year (tpy) floating plant was among a second tranche of projects referred last week by Canadian Prime Minister Mark Carney to the country’s Major Projects Office (MPO). Located on a site owned by Nisga’a Nation off Pearse Island, BC, the floating LNG (FLNG) project’s other principals are Rockies LNG Partners and Western LNG.
The prime minister’s office described Ksi Lisims as Canada’s second-largest LNG plant and one of the lowest-emissions LNG plants in the world, 94% below the global average. The project referral also included the 800-km Prince Rupert Gas Transmission pipeline to supply feed gas to the plant, and a 95-km electric transmission line to supply its power.
Ksi Lisims LNG in September 2025 received an Environmental Assessment Certificate from the Government of British Columbia and a positive Decision Statement from the Government of Canada. It is expected to be powered by hydroelectricity and net-zero ready by 2030. Commercial operations are expected to begin in late 2028 or 2029.
LNG Canada 2, a project to double capacity of the Shell Canada Energy-led 14-million tpy LNG Canada plant in Kitimat, BC, was referred to the MPO in September 2025. LNG Canada Phase 1 started production from its second train earlier this month.
The MPO was created under the Building Canada Act, which came into force in June 2025, to help coordinate and structure project finance. Its first and second tranches of projects represent a combined private and public investment of more than $116 billion. Ksi Lisims is expected to cost $30 billion.
