The funding from Natural Resources Canada could increase capacity at the plant near Squamish by up to 24 per cent, to as much as 2.6 million tonnes of liquified natural gas a year, the government’s announcement said. It could also “enable exploration of a potential second phase of the project.” Carolyn Svonkin, a spokesperson for Natural Resources Minister Tim Hodgson, told The Logic that the funding is a grant, to be paid out as the project hits various milestones—such as owners Pacific Energy of Singapore and Enbridge deciding the capacity increase is worthwhile. (The Logic)

Talking point: The Woodfibre LNG plant (named for its location in Woodfibre, B.C.) is to export Canadian natural gas to global markets, especially in Asia, and is about three-quarters complete. It’s smaller than the LNG Canada and Cedar LNG facilities elsewhere on the B.C. coast: the already functioning LNG Canada can liquify 14 million tonnes of natural gas a year, while the Cedar LNG plant is intended to process three million tonnes a year starting in 2028.

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