The Huu-ay-aht First Nation says a Vancouver-based liquefied natural gas company has pulled out of a planned LNG development just months after it was announced as a major milestone.
In an open letter, Huu-ay-aht Chief Councillor Robert Dennis and hereditary Chief Derek Peters say the First Nation was “deeply disappointed” when they were notified by Steelhead LNG that it has “ceased current project work” on the Kwispa’a LNG project.
Steelhead LNG manager of communications Matt Skinner told the AV News the company needs more funding and investors.
He said Steelhead has not completely pulled out of the deal, but there are no plans to continue forward at this time.
Steelhead LNG and the Huu-ay-aht announced in March 2017 that they would work together to develop Kwispaa LNG, a $20 Billion export facility at Sarita Bay near Bamfield.
