Woodfibre LNG is a company that needs little introduction having appeared in the news regularly of late. Forming part of Pacific Oil & Gas Ltd founded by Mr Sukanto Tanoto, Woodfibre LNG is a company that’s about to make a huge difference to the lives of many in its community by creating new jobs.
Woodfibre LNG has been waiting quite some time to receive its approval and licensing for the project they are set to run in British Columbia. In fact, it’s the very first project of this size and caliber in this province. The license that Woodfibre LNG received authorizes the company to export just over 2 million tons of liquefied natural gas on an annual basis. This means that the local community benefits greatly in terms of economic development and job opportunities.
Woodfibre LNG’s project will open at least 650 jobs / positions while the operation is being established. Thereafter, it is estimated that the lifespan of the project will be around 25 years and will create a further 100 operational jobs. This means great things for the local community and just one more way in which Mr Sukanto Tonato is proving himself to be focused both on economic sustainability and the community.
This project which received the go-ahead at the start of November 2016 is set to improve the quality of life for many in the local area and is just one of many projects envisioned by Mr Sukanto Tonato, that is adding value to the economy.