New levy rate for the Woodfibre LNG Project
DATE ISSUED: Feb. 28, 2025
EFFECTIVE DATE: Immediately
The Energy Resource Activities Act authorizes the British Columbia Energy Regulator (BCER) to set and collect fees, levies and securities required to fulfill its regulatory obligations and recover expenses, subject to approval by Treasury Board. The current fees, levies and security requirements are outlined in the Fee, Levy and Security Regulation (FLSR).
The annual review of the FLSR has resulted in the following change:
- The levy for the Woodfibre LNG Project has increased from $1.2 million to $2.5 million.
If you have any questions regarding this Information Update, please contact:
Joel Cave
Executive Director, Finance and Administration
BC Energy Regulator
Joel.Cave@bc-er.ca
250-419-441