Little return for us on proposed floating natural gas facility

We cannot believe we would ever have to defend the recovering Saanich Inlet from such a far-fetched idea.

The proposal to transfer in to the south end of the Saanich Inlet (Bamberton) six million tonnes per year of fracked natural gas and then produce liquified natural gas (LNG) for the Chinese market over a period of 25 years is beyond comprehension.

We cannot believe we would ever have to defend the recovering Saanich Inlet from such a far-fetched idea.

As there is no hydro power available to service such an undertaking, 10 per cent of the natural gas will be needed to fuel the compressors.

That will take about 600,000 tonnes of natural gas per year.

This process alone will produce about 1,500,000 tonnes of carbon dioxide each year.

This is equivalent to the greenhouse gas produced by 400,000 cars per year.

The LNG produced would then be shipped to it’s Asian markets in huge tankers.

The Asians will get our LNG and we will get the greenhouse gas emissions. There will be no net gain to the planet by using the Saanich location!

So far we know that Steelhead LNG is the proponent.

Financing is from Azimuth Capital (Alberta).

The pipeline will be manufactured by Williams Companies of Oklahoma. The engineers and designers are Hoegh & Bechtel, the floating platform will be built in the far east and floated here.

 

Ed and Sharon Arnold

Mill Bay

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