Steelhead LNG attracts international project finance expertise to its leadership team

VANCOUVER, BC – Steelhead LNG CEO Nigel Kuzemko announced today that the company has hired the former head of BBVA Securities’ Project Finance North America business, as Chief Financial Advisor.

Kerri L. Fox brings more than 20 years of experience structuring and executing financings for energy and infrastructure projects in Canada, the United States and Latin America, including liquefied natural gas projects. Fox will provide input and direction on Steelhead LNG’s project financing, contract structuring and risk mitigation strategies.

“With its unique approach to First Nations relationships and its cost-saving At-Shore LNG project design, Steelhead LNG has positioned itself to become a successful exporter of LNG from British Columbia that is cost-competitive with the U.S. Gulf Coast projects,” said Fox. “I look forward to contributing my financial, commercial and legal experience as Steelhead LNG continues to move towards a projected 2019 FID.” Continue reading

Huu-ay-aht First Nations to hold referendum vote on the proposed Sarita LNG Project

The Huu-ay-aht First Nations is engaging with Huu-ay-aht citizens on Steelhead LNG’s proposed Sarita LNG Project and will hold a referendum vote on March 25, 2017. The Sarita LNG Project is a proposed liquefied natural gas (LNG) export facility located on Huu-ay-aht First Nations-owned lands at Sarita Bay, about 10 kilometres north of Bamfield, and roughly 70 kilometres southwest of Port Alberni. The facility concept is in the preliminary engineering and conceptual design stage.

“This engagement represents a positive step forward for our proposed Sarita LNG Project and is informed by extensive discussions with the Huu-ay-aht First Nations,” said Nigel Kuzemko, CEO of Steelhead LNG. “We respect Huu-ay-aht’s referendum process and value the opportunity to continue to explore this LNG opportunity with the Huu-ay-aht First Nations.” Continue reading

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Kwispaa LNG an opportunity for Huu-ay-aht First Nations more

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