Woodfibre, a liquefied natural gas (LNG) export project planned for the Pacific coast of British Columbia, has moved a step closer to sanctioning after it awarded a C$1.6 billion ($1.3 billion) construction contract to engineering giant McDermott International Ltd.

Woodfibre

The LNG project on Tuesday also set a schedule to begin pre-installation work in early 2022 and accelerate major construction in September 2023. Completion of the facility is preliminarily planned for the second half of 2027.

McDermott plans to use a construction method called NetZero Modular LNG to build the project. 

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