Won’t there be lots of revenue paid to Fortis by the Woodfibre LNG plant for the use of this pipeline? Won’t our gas rates go down?

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Won’t there be lots of revenue paid to Fortis by the Woodfibre LNG plant for the use of this pipeline? Won’t our gas rates go down?

No. The BC Government recently announced that it would set a new gas transmission rate – yet to be decided – to be charged to Woodfibre LNG for the use of the pipeline. That may not fully pay for this expansion or lower household gas rates.

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Won’t there be lots of revenue paid to Fortis by the Woodfibre LNG plant for the use of this pipeline? Won’t our gas rates go down?

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