The facility, which will be built on Kiddie Point on the north end of Texada Island, will provide British Columbia coastal communities, Vancouver Island, and the Lower Mainland access to a new, reliable supply of natural gas and LNG. In addition, it will produce new, reliable electricity that should contribute to future economic development and power possibilities in the region.

The project will be an important part of solving B.C.'s current and forecast power deficit, and will help meet future energy needs of the province's residents. It will also enable further development of renewable energy in B.C. by providing the on-demand or "firm" power necessary to balance and back up electricity from intermittent sources, such as wind, solar, and run-of-river hydro.

The facility is expected to be operating by 2013 and will offer more than 75 full-time permanent jobs on-site. More than 300 jobs will be needed during three years of construction.

Facilities at the site will include a marine jetty, onshore LNG storage tanks, a natural gas-fired power generation facility, an interconnection with the existing Terasen natural gas pipeline on site, and administrative facilities. A short 500-kV interconnection line will also be needed between the site and the existing BC Hydro transmission line, which crosses Texada Island and supplies electricity to Vancouver Island.

In the coming months, a more detailed description of the project will be available and shared with the community, regulators, and other stakeholders. In-depth environmental assessment and regulatory reviews of the project are expected to be completed in late 2009, along with extensive public consultation.