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.” (read more…)

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.” (read more…)

VANCOUVER, BC – Nigel Kuzemko, Chief Executive Officer of Steelhead LNG, announced today the appointment of two new members to the company’s executive team.

Paul Sullivan, formerly Senior Vice President of Global LNG and Floating LNG (FLNG) at Worley Parsons Group, has been appointed Vice President, Projects. Mr. Sullivan has had a long career in engineering and construction, with more than 25 years managing liquefied natural gas (LNG) import and export projects. He previously led the FEED group at British Gas, where he was involved in the development, from concept to implementation, of the company’s liquefaction and regasification projects. He was instrumental in developing Atlantic LNG, British Gas’ first grassroots liquefaction project in Trinidad. He has also previously served as the Development and Projects Director for Whessoe Oil & Gas, where he was responsible for front end engineering, product innovation and project development, together with operations responsibility for the western hemisphere, India and East Asia.

“Steelhead LNG is at an exciting point and has the potential to be a game changer in the LNG industry,” said Mr. Sullivan. “I look forward to overseeing the next phase of development of the company’s At-Shore LNG export projects, which have the potential to deliver some of the lowest cost LNG to international markets.” (read more…)

Canadian companies will explore new midstream supply chain infrastructure that would link natural gas resources to Steelhead LNG’s proposed LNG export projects

Vancouver, BC (September 19, 2016) – A new development agreement announced today between Steelhead LNG and Seven Generations Energy Ltd. sets the stage for engaging Aboriginal groups and communities as the two companies explore the development of new midstream infrastructure to support Steelhead LNG’s proposed natural gas liquefaction and export projects on Vancouver Island.

The arrangement, through which Seven Generations has also acquired a minority interest in Steelhead LNG, is expected to provide potential new markets for Seven Generations’ production as well as increased certainty of natural gas supply for Steelhead LNG.   (read more…)

Laura Kane, The Canadian Press  VIA Vancouver Sun

Aboriginal consultation must be the top priority for liquefied natural gas proponents in Canada, say a company and First Nation that have partnered to build a LNG facility on Vancouver Island.

Steelhead LNG president Victor Ojeda and Malahat Nation CEO Renee Racette spoke to the Canada LNG Export conference in Vancouver on Wednesday about minimizing the risk of costly delays through collaboration.

Ojeda told a crowd of engineers and businesspeople that the company began consulting with the Malahat well before entering the regulatory process or advanced design phase.

Click here for the full story

Times Colonist
April 3, 2016 12:33 AM

Re: “Put LNG terminals far from people,” letter, March 25.

While we appreciate the opinions expressed in the letter, it is important to separate opinion from fact.

Natural gas is a safe and versatile energy source that is used every day here on Vancouver Island. Cooling it into a liquid — or LNG — is one of the safest ways to store and transport natural gas abroad to countries that currently rely on energy sources such as coal. In particular, LNG is safe because it is non-toxic, non-corrosive and non-explosive.

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Nigel Kuzemko / Times Colonist
February 27, 2016 12:53 AM

As the discussion about our proposed liquefied natural gas project takes shape, we’re seeing critics quoted who continue to make inaccurate claims about the project and about LNG itself.

All of us at Steelhead LNG believe in having a broad and energetic community conversation about our proposed project, and we’re certainly prepared to be challenged by those who have questions or concerns. However, we really hope it will be a discussion based on facts and science, and not on myths and misconceptions.

In the interest of getting it right, I’d like to provide some important details about our proposed Malahat LNG project on the shoreline of the Malahat Nation-owned Bamberton industrial lands.

Click here for the full story

posted Feb 23, 2016 at 4:00 PM

As the discussion about our proposed LNG project takes shape, we’re seeing a number of critics quoted in the media who continue to make inaccurate claims about the project and about LNG itself.

All of us at Steelhead LNG believe in having a broad and energetic community conversation about our proposed project, and we’re certainly prepared to be challenged by those who have questions or concerns.

However, we really hope it will be a discussion based on facts and science, and not on the myths and misconceptions.

Click here for the full story

By  John McKinley – Nanaimo News Bulletin
Posted Feb 15, 2016 at 11:00 AM

Never mind the choppy waters, it’s still damn the torpedoes, full speed ahead for the firm behind Vancouver Island’s biggest industrial proposal in at least a generation.

Despite glum economic forecasts, political opposition and upheaval for one of its key partners, the CEO of Steelhead LNG says the company is still on track to make a 2018 decision on whether to proceed with a multi-billion-dollar plan to build two liquified natural gas plants on Vancouver Island.

“We are on target, given the schedule we had before,” Steelhead CEO Nigel Kuzemko said.

Kuzemko’s comments come in the wake of Tuesday’s throne speech where Premier Christy Clark pledged the B.C. government’s continued commitment to LNG exports, despite project delays and a global glut of oil and gas.

Click here for the full story

Thu, Oct 22, 2015 – 11:25 AM

The National Energy Board has given the greenlight for Steelhead LNG to export liquified natural gas from its future facilities on Vancouver Island. But with gas prices falling and Asian buyers reluctant to sign long-term contracts now, what is the prospect the plant will be built? Nigel Kuzemko, CEO, Steelhead LNG, explains.

Click here for the video

News

Steelhead LNG attracts international project finance expertise to its leadership team more
Huu-ay-aht First Nations to hold referendum vote on the proposed Sarita LNG Project more
LEADING INDUSTRY EXPERTS JOIN STEELHEAD LNG EXECUTIVE LEADERSHIP TEAM more

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