By combining natural gas growth with native economic ambitions, Canada’s natural gas industry is trying out a formula for an environmental, social and governance investment standard that caters to stakeholder demands.

Woodfibre

A trio of British Columbia (BC) liquefied natural gas (LNG) projects, seeking total exports of as much as 2.76 Bcf/d, is employing cooperation with tribes in the territories where their Pacific coast terminals would be built.

Woodfibre LNG sponsor Pacific Oil & Gas Ltd. did a benefits deal with Squamish First Nation and obeyed tribal environmental policy with its C$1.6 billion ($1.3 billion) plan for a terminal for up to 260 MMcf/d near Vancouver.

On BC’s coast at Kitimat, Haisla First Nation is 50% owner of the C$3 billion ($2.4 billion) Cedar LNG proposal...