LNG Canada has awarded almost $1 billion in contracts to date

Yesterday LNG Canada announced the value of contracts and subcontracts approved as of December 2018 after the first three months of the construction phase of their LNG export project near Kitimat, British Columbia.

LNG Canada has so far approved over $937 million (CAD) in contracts and subcontracts. According to LNG Canada this includes $175 million (CAD) to local First Nations businesses and, with the addition of contracts awarded to local Kitimat area businesses, including First Nations businesses, that total increases to $330 million (CAD) and $530 million (CAD) with the addition of BC businesses outside the local area.

"What these contracts and subcontracts represent, is tremendous opportunity for individuals to find employment on the LNG Canada project through our contractors and subcontractors," says Susannah Pierce, LNG Canada's Director External Relations. "For First Nations communities, it is delivering on the opportunities we have committed to that will assist the Nations address issues of poverty, unemployment and skills development. For local communities, it is the opportunity for young people to find employment that allows them to remain living in the North."

During the month of October 2018, the first month in the construction phase of the project, 249 workers from the local area, including First Nations, were employed by LNG Canada or one of its contractors.

By the end of construction, LNG Canada and the Coastal GasLink pipeline expect to employ approximately 10,000 Canadian workers according to LNG Canada. Coastal GasLink had earlier announced the award of $620 million in contracts to First Nations, with an additional $400 million to be awarded during the remainder of construction.

The LNG Canada joint venture is LNG export facility in Kitimat, British Columbia, Canada. LNG Canada is a joint venture comprised of Royal Dutch Shell (40%); PETRONAS (25%); PetroChina Company Limited (15%); Mitsubishi Corporation (15%); and Korea Gas Corporation (5%).