Ksi Lisims LNG
Ksi Lisims LNG is a proposed 12-million-tonne-per-year floating LNG export facility on Nisga'a Nation treaty lands in northwestern British Columbia. It is being co-developed by the Nisga'a Nation, Rockies LNG Partners, and Western LNG to supply lower-carbon LNG to Asia-Pacific and European buyers under 20-year offtake agreements.
- Company typePrivate
- Founded2021
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Ksi Lisims LNG does
Ksi Lisims LNG is a proposed 12-million-tonne-per-year floating liquefied natural gas export facility to be located on Nisga'a Nation treaty lands at Wil Milit on Pearse Island, near Gingolx in northwestern British Columbia, Canada. The project is being developed as a joint venture among three proponents: the Nisga'a Nation (host nation providing the site), Rockies LNG Partners (a limited partnership of Canadian natural gas producers supplying feedstock from the Montney Formation of the Western Sedimentary Basin), and Western LNG LLC (a Houston-based LNG project developer with offices in Vancouver and Calgary). The facility will use Samsung Heavy Industries floating LNG production and storage hulls equipped with Black & Veatch PRICO liquefaction technology and Siemens Energy-designed electric-drive compression systems connected to British Columbia's renewable hydroelectric grid via a dedicated 600 MW North Coast Transmission Line, targeting an emissions intensity of 0.02 tCO2e per tonne of LNG, which the project claims is the lowest of any LNG export facility globally.
The business model centers on long-term (20-year) Sale and Purchase Agreements with major LNG buyers on a Free-on-Board basis, with buyers responsible for shipping. To date the project has signed offtake or heads-of-agreement coverage of approximately 5-7 mtpa, including 20-year SPAs with Shell and TotalEnergies (2 mtpa each), a Heads of Agreement with Germany's SEFE (1 mtpa), and a Letter of Interest from Uniper (2 mtpa). Target offtake before Final Investment Decision is 75 percent of nameplate capacity, or approximately 9 mtpa. TotalEnergies has additionally made an initial strategic equity investment in Western LNG with optionality to invest directly in Ksi Lisims at FID, providing capital and signaling offtaker confidence. Distribution targets both Asia-Pacific import markets (Japan, South Korea, China, Southeast Asia) and, more recently, European utilities and state-backed energy buyers, emphasizing energy security, diversification away from Russian and Gulf supply, and displacement of coal in Asian power generation.
The project is in the pre-Final Investment Decision development phase. It has completed all major regulatory milestones through 2025, including a 40-year LNG export license (Canada Energy Regulator, December 2022), an Environmental Assessment Certificate (Government of British Columbia, September 2025), and a positive Decision Statement (Government of Canada, September 2025), and has secured Indigenous benefit agreements with four additional First Nations (Kitselas, Metlakatla, Gitxaała, Lax Kw'alaams) beyond the founding Nisga'a Nation partnership. Capital cost estimates range from $10 billion to $30 billion depending on source and scope, with construction targeted to commence after FID in 2026-2027 and first LNG deliveries anticipated in the early 2030s.
Ksi Lisims LNG firmographics
Firmographics- Name
- Ksi Lisims LNG
- Legal name
- Ksi Lisims LNG Limited Partnership
- Website
- https://ksilisimslng.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ksi Lisims LNG is a proposed 12-million-tonne-per-year floating LNG export facility on Nisga'a Nation treaty lands in northwestern British Columbia. It is being co-developed by the Nisga'a Nation, Rockies LNG Partners, and Western LNG to supply lower-carbon LNG to Asia-Pacific and European buyers under 20-year offtake agreements.
- Ownership category
- akta.pro rank
Ksi Lisims LNG industry classification
Industry- Product category
- LNG Export
- NAICS
- Pipeline Transportation of Natural Gas (48621), Pipeline Transportation of Natural Gas (486210)
- SIC
- Natural Gas Transmission (4922), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)
- akta.pro secondary industries
- LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG EPC, Commissioning & Project Development (Engineering, Construction, Permitting) (EUALAFAI), LNG Equipment & Technology (Cryogenic, Turbines, Heat Exchangers, Boil-off Systems) (EUALAFAH), LNG Contracting & Commercial (SPAs, Tolling, Offtake, Pricing) (EUALAFAF), LNG Operations, Maintenance & Reliability (O&M, Integrity, Turnarounds) (EUALAFAJ), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL)
Keywords
Where Ksi Lisims LNG is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Ksi Lisims LNG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations
Revenue model
- LNG Sales and Purchase Agreements: Ksi Lisims LNG generates revenue through long-term LNG Sale and Purchase Agreements (SPAs) with major energy buyers. Contracts are typically 20-year terms with volumes ranging from 1-2 million tonnes per year per agreement. Sales are made on a Free-on-Board (FOB) basis, where buyers arrange their own shipping. Counterparties include Shell (2 mtpa), TotalEnergies (2 mtpa), SEFE (1 mtpa HOA), and Uniper (2 mtpa LOI).
- Strategic Investment: TotalEnergies has made an initial equity investment in Western LNG LLC, with opportunity to increase ownership upon achievement of milestones and to directly invest in the Ksi Lisims LNG project at FID. This provides capital injection for project development.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Ksi Lisims LNG product offering
Product offeringCore offering
Ksi Lisims LNG is developing a proposed 12-million-tonne-per-year floating liquefied natural gas (FLNG) export facility on Pearse Island near Gingolx in British Columbia, Canada. The project is a joint venture of the Nisga'a Nation, Rockies LNG Partners, and Western LNG, designed to liquefy natural gas supplied via the Prince Rupert Gas Transmission pipeline and export LNG primarily to Asia-Pacific and European markets under long-term Sale and Purchase Agreements (SPAs). The facility is engineered to be net-zero ready by 2030, using electric-drive liquefaction compressors powered by British Columbia's renewable hydroelectric grid.
Product overview
Ksi Lisims LNG is a single major infrastructure project — a proposed 12-million-tonne-per-year floating LNG export facility on Pearse Island, British Columbia. The project is a joint venture among the Nisga'a Nation (host nation providing the site on treaty land), Rockies LNG Partners (natural gas supply, representing Canadian producers), and Western LNG (development, financing, and operations expertise). The facility uses floating LNG technology built by Samsung Heavy Industries, with PRICO liquefaction technology from Black & Veatch, and is designed to connect to BC's renewable hydroelectric grid to achieve among the world's lowest carbon emission intensities for an LNG export terminal.
Differentiator
Problem solved
Functional benefit
Products and services
- Ksi Lisims LNG Project Proposed 12-million-tonne-per-year floating LNG export facility on Nisga'a Nation treaty lands at Wil Milit on Pearse Island, British Columbia. Developed jointly by the Nisga'a Nation, Rockies LNG Partners, and Western LNG to produce and export lower-carbon LNG to Asia-Pacific and European buyers under long-term SPAs.
Quantifiable outcome
- 12 million tonnes per year LNG production capacity
- +6 more outcomes
Companies that use Ksi Lisims LNG
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Ksi Lisims LNG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ksi Lisims LNG partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered major, core and key.
- Metlakatla First NationmajorSigned Benefits Agreement including support for climate initiatives and business opportunities. Also signed amended Project Agreement with Prince Rupert Gas Transmission Ltd.
- Gitxaała NationmajorSigned Benefits Agreement with financial provisions, business and workforce opportunities, and climate initiative support. Also signed Project Agreement with PRGT pipeline.
- Lax Kw'alaams BandmajorSigned Benefits Agreement with procurement opportunities and business capacity building. Withdrew federal judicial review of project's Environmental Assessment Certificate as part of agreement.
- UnipermajorDüsseldorf-based European energy company signed Letter of Interest for 2 million tonnes per year with first deliveries targeted as early as 2032. Uniper is a key European gas trader and one of NW Europe's most important LNG importers with 18.5 GW power generating capacity.
- SEFE (Securing Energy for Europe)majorGerman state-owned energy company signed Heads of Agreement for 1 million tonnes per year for up to 20 years, representing Canada's first European LNG deal. SEFE is Europe's leading gas supplier with over 200 TWh annual sales and 50,000+ clients.
- Kitselas First NationmajorSigned Impact Management and Benefit Agreement (IMBA), the first of its kind for the project. Establishes framework for Kitselas citizens to share in long-term economic and community benefits, including investment in affordable childcare.
- TotalEnergiescoreSecond major offtake agreement (2 mtpa for 20 years) plus strategic investment in Western LNG. TotalEnergies is one of the world's largest LNG companies with ambition to increase gas share to 50% of sales mix by 2030. Investment provides capital and operational expertise.
- ShellcoreFirst LNG offtake agreement executed by Ksi Lisims LNG. Shell signed 20-year SPA for 2 million tonnes of LNG per year on FOB basis. Shell is a global leader in LNG trading and marketing, providing market access and offtake confidence for the project.
- Prince Rupert Gas Transmission (PRGT)core750km natural gas pipeline acquired from TC Energy in 2024 by NW Infrastructure Limited Partnership, co-owned equally by Western LNG and the Nisga'a Nation. Will deliver natural gas from northeastern BC to Ksi Lisims LNG facility.
- Siemens EnergykeyContracted to design the project's liquefaction compression and electrical systems. Provides advisory services for process optimization, compressor performance, motor and drive design, controls architecture, and grid connection systems.
- Black & VeatchkeyAwarded FEED contract for front-end engineering design of the nearshore floating production facility. Provides PRICO liquefaction technology and global LNG infrastructure expertise.
- Samsung Heavy Industries (SHI)keySouth Korean shipbuilder engaged for floating LNG production and storage unit construction as part of FEED work with Black & Veatch. SHI is a global leader in FLNG construction.
- Nisga'a NationcoreCo-developer and co-owner of the Ksi Lisims LNG project. The Nisga'a Nation provides the project site on treaty lands at Wil Milit on Pearse Island. As a self-governing modern treaty Nation, the Nisga'a provides regulatory alignment and environmental stewardship expertise rooted in thousands of years of cultural heritage in the Nass Valley.
- Rockies LNG PartnerscoreLimited partnership of Canadian natural gas producers providing natural gas supply and access to new markets. Rockies LNG partners collectively produce approximately half of Canada's natural gas from the Western Sedimentary Basin, primarily the Montney Formation.
- Western LNGcoreProject developer with expertise in financing, engineering, contracting and operating LNG facilities. Houston, Texas-based company with offices in Vancouver and Calgary. Leads project development and management with experienced management team in LNG and energy infrastructure.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
Ksi Lisims LNG competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks2 records
Key highlights6 records
Customer concentration
Ksi Lisims LNG social profiles
Digital presenceKsi Lisims LNG compliance and trust
Trust signalCompliance2 records
Ksi Lisims LNG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ksi Lisims LNG leadership team
Management profileNumber of profiles
Profiles3 records
Ksi Lisims LNG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ksi Lisims LNG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ksi Lisims LNG
What does Ksi Lisims LNG do?
Ksi Lisims LNG is developing a proposed 12-million-tonne-per-year floating liquefied natural gas (FLNG) export facility on Pearse Island near Gingolx in British Columbia, Canada. The project is a joint venture of the Nisga'a Nation, Rockies LNG Partners, and Western LNG, designed to liquefy natural gas supplied via the Prince Rupert Gas Transmission pipeline and export LNG primarily to Asia-Pacific and European markets under long-term Sale and Purchase Agreements (SPAs). The facility is engineered to be net-zero ready by 2030, using electric-drive liquefaction compressors powered by British Columbia's renewable hydroelectric grid.
Is Ksi Lisims LNG a public or private company?
Ksi Lisims LNG is a private company. It is classified as corporate owned and is currently operating.
When was Ksi Lisims LNG founded?
Ksi Lisims LNG was founded in 2021. It employs 11 to 50 people.
Where is Ksi Lisims LNG based?
Ksi Lisims LNG is headquartered in Vancouver, Canada, in the North America region.
How does Ksi Lisims LNG make money?
Two revenue lines are on record. LNG Sales and Purchase Agreements are the primary driver. The others are strategic Investment.
Does Ksi Lisims LNG have an API?
No public API is recorded for Ksi Lisims LNG.
What industry is Ksi Lisims LNG in?
Ksi Lisims LNG's product category is LNG Export. Its primary akta.pro industry code is EUALAFAA, LNG Liquefaction Plants (Onshore & FLNG), with a secondary code of EUALAEAD, LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG). Its NAICS code is 48621 and its SIC code is 4922.