Canada’s $5.1 Billion Bet on Net-Zero LNG Takes Shape

Massive Modules Arrive for British Columbia’s Groundbreaking Project

Woodfibre Management, a Vancouver-based Canadian company, has advanced its $5.1 billion LNG export project in British Columbia with the arrival of the first seven modules. The prefabricated steel giants, hauled by a heavy cargo vessel, docked at the Squamish construction site this week—kicking off a high-stakes assembly phase that will eventually employ 900 additional skilled workers. For a project aiming to be the world’s first net-zero LNG facility by 2027, it’s a tangible step toward redefining fossil fuel exports in the climate era.

“This isn’t just about stacking steel—it’s about proving Canada can diversify energy exports while hitting environmental benchmarks,” says CEO Luke Schauerte, calling the delivery a “make-or-break” milestone.

The pipe rack modules, which act as structural skeletons for LNG piping between liquefaction units and storage tanks, signal the shift from groundwork to vertical construction. By 2026, 19 more modules will arrive, including an 11,000-ton liquefaction unit capable of chilling gas to -162°C for transport. Once operational, the facility will pump out 2.1 million tons of LNG annually—small by global standards, but strategically positioned to supply Asian markets craving lower-carbon fuel.

Owned by Woodfibre LNG Limited Partnership (70% Pacific Energy, 30% Enbridge), the project leans on hydroelectric power and carbon offsets to achieve its net-zero pledge. Critics question whether “clean” LNG is feasible, but Schauerte argues it’s a necessary bridge: “Solar panels don’t power cargo ships—yet. Until they do, we’re offering the least worst option.” With the first modules now on-site, that theory is about to face its toughest test.