Concept art of Ksi Lisims floating LNG liquefaction plant. The project has the go-ahead from the Carney government. Photo by Handout / Western LNG

Canada cleared a $10 billion floating facility to export liquefied natural gas off its northwest coast as soon as 2028.

Ksi Lisims LNG — backed by Blackstone Inc.-funded Western LNG, as well as Rockies LNG Partners and the Nisga’a Nation, an Indigenous group that owns the development land — is the first such major project to be approved under Prime Minister Mark Carney . The former central banker has taken a less strict environmental stance than predecessor Justin Trudeau, as he pushes to boost Canada’s economy and reduce its trading reliance on the US.

If its backers decide to proceed with investment, Ksi Lisims LNG will have a capac

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