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Pacific NorthWest LNG CEO resigns

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by JOC Digital Media

The president and CEO of Pacific NorthWest LNG has resigned and a new acting head has been appointed.
Pacific NorthWest LNG CEO resigns

Dato' Wee Yiaw Hin, Chair of Pacific NorthWest LNG's Board of Directors, announced that he has received and accepted a letter of resignation from Greg Kist who will be returning to his home and family in Alberta. Michael Culbert, a member of the Pacific NorthWest LNG Board of Directors, will immediately assume the role of acting president.

Culbert will also continue in his role as president and CEO of Progress Energy. Yiaw Hin thanked Kist for his leadership and contributions to Pacific NorthWest LNG.

"Under Greg's leadership, the company was formed and continues to work towards a final investment decision this year," Yiaw Hin said. "He leaves Pacific NorthWest LNG as a strong company with an excellent management team and a committed, dedicated group of employees. We wish him much success in Alberta and want to ensure continuity of leadership during this period of transition."

In a statement to employees about his resignation, Greg said "Pacific NorthWest LNG has made a huge contribution to the province of British Columbia and it was a pleasure to be part of such a vibrant and dynamic organization. I know it will continue to fulfil its mandate with its strong management team and exemplary staff."

Pacific NorthWest LNG is a proposed natural gas liquefaction and export facility on Lelu Island within the District of Port Edward on land administered by the Prince Rupert Port Authority. The facility would liquefy and export natural gas produced by Progress Energy Canada Ltd. in northeast B.C. The facility represents an estimated $11 billion investment. Pacific NorthWest LNG has contracted with Canadian company TransCanada Pipeline Limited to design, construct and operate a new natural gas pipeline that will transport B.C. natural gas to the facility.

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