SURREY, BC,
July 4,
2024 /CNW/ - FortisBC Holdings Inc (FortisBC) is
pleased to announce that the Government of Canada has approved Tilbury Jetty Limited
Partnership's Tilbury Marine Jetty (TMJ) project.
The TMJ project involves the construction of a jetty, or dock,
on the south arm of the Fraser River. This facility will supply LNG
bunkering vessels with refueling services in the Vancouver region. Strategically located
adjacent to FortisBC's existing Tilbury LNG facility, the jetty
will leverage the facility's production of LNG, which is less
carbonintensive compared to the global average due to its use of
hydroelectric power.
LNG reduces local air pollutants, this is especially important
for ports and populated coastal areas. With about 3,100 ships
calling on the Port of Vancouver
each year, switching from conventional marine fuel to LNG marine
fuel could remove 90 per cent of the particulate matter associated
with marine shipping from the local airshed, according to a
third-party study.
In 2022, FortisBC and Musqueam Indian Band (xʷməθkʷəy̓ əm)
signed an agreement that will see both parties working in close
collaboration as the Tilbury
projects are developed. A shared goal of the agreement is to
develop a world-leading LNG facility that provides mutual benefits
for Musqueam and the region.
The TMJ will help create economic and employment opportunities
for Delta, neighbouring communities and Indigenous communities.
We will continue to work closely with Indigenous groups and
local communities on environmental mitigation, as well as explore
opportunities for training, employment and contracting.
TMJ will now proceed with securing the necessary remaining
approvals and permits and will work towards making a final
investment decision for the project.
Quotes:
Roger Dall'Antonia, President
and CEO of FortisBC – "We are excited to announce that the
Government of Canada has approved
the Tilbury Marine Jetty (TMJ) project. This significant milestone
allows the project to move forward in its goal of reducing
emissions in the marine industry and provide benefits to our local
economy, including through our agreement with Musqueam."
FortisBC Holdings Inc. is a subsidiary of Fortis Inc., a
leader in the North American regulated electric and gas utility
industry. FortisBC Holdings Inc. is also the direct parent company
of FortisBC Energy Inc., a regulated utility operating in
British Columbia.
SOURCE FortisBC Holdings Inc.