Woodfibre LNG, subsidiary of Sukanto Tanoto-led Pacific Oil and Gas, is now one step closer to creating enormous growth in Squamish, British Columbia, Canada, with the approval of their Environmental Assessment Certificate (EAC) Application.
The EAC certificate, first awarded in 2015, was approved once again after the project applied for amendments to the design work. The proposed changes were a direct result of the Squamish Nation’s selection of air cooling as the cooling technology of choice for the Project, as well as ongoing front-end engineering design (FEED) work.
Woodfibre looks to build a strong relationship with Squamish
“The amendment approval means Woodfibre LNG can implement the design changes that are a direct result of the Squamish Nation process, and ongoing FEED work,” said Byng Giraud, Country Manager & Vice President, Corporate Affairs, Woodfibre LNG Limited.
The approval, which would lead to the creation of over 2000 jobs, is testament to the strong mandate provided by the people of the Squamish Nation. With the relationship between Woodfibre LNG and the people of Squamish Nation set to grow over the next 40 years, the approval represents a good start. As Giraud said, “We also see the approval as further acknowledgement that Woodfibre LNG is setting the standard for incorporating First Nations and community priorities into the design and operation of an industrial project in British Columbia.”
Sukanto Tanoto is one of Indonesia’s most successful businessmen and philanthropists. Taking over his family’s business as a 17 year-old, he has built an empire in just 50 years. Today, Sukanto Tanoto is chairman of the global resource-manufacturing giant RGE. Managing companies such as APRIL, Sateri, and Pacific Oil and Gas, the companies collectively employ 60,000 people and own assets exceeding 18 billion dollars. While RGE has its roots in Indonesia, today the company has operations in countries such as China, Brazil, Spain, and Canada.