LNG INDUSTRY – Steelhead LNG and Malahat Nation sign mutual benefits agreement

Steelhead LNG Corp. and the Malahat First Nation have signed a mutual benefits agreement (MBA) and a long-term lease, which supports the proposed development of Malahat LNG. Malahat LNG is to be located on the shoreline of Malahat Nation-owned land, approximately 8 km south of Mill Bay on Vancouver Island, British Columbia, Canada.

The facility is expected to have a capacity of 6 million tpy and would include floating liquefaction facilities. The proposal will now undergo rigorous regulatory, environmental and technical assessments.

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