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Providing coverage of Alaska and northern Canada's oil and gas industry
July 2013
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and website may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
Vol. 18, No. 28 Week of July 14, 2013

Pacific NorthWest seeks LNG export license

Gary Park

For Petroleum News

Petronas-controlled Pacific NorthWest LNG has become the second of Canada’s LNG export candidates in as many weeks to apply for an export license.

It submitted an application July 5 to Canada’s National Energy Board to export 19.68 million metric tons a year, starting in 2019, assuming approvals are obtained and a sanctioning decision is made by late 2014.

The permit is tied to plans for an LNG liquefaction and tanker terminal at Prince Edward near Prince Rupert on the northern British Columbia coast.

Project President Greg Kist said in a news release the filing is “another important step to bring this tremendous opportunity to reality” and create “long-term, multi-generational benefits for First Nations, northwest British Columbia, the province (and Canada).”

He said efforts continue toward a final investment decision, claiming the project “has all of the key components of a successful, world-class LNG development.”

The project is expected to cost C$9 billion-C$11 billion, create 3,500 direct jobs during construction and result in 200 to 300 permanent jobs once the facility is operating. Another C$5 billion is earmarked for a pipeline to be built and operated by TransCanada.

FEED contracts awarded

Front-end engineering and design contracts, FEED, have been awarded to three international contractors — Bechtel, KBR/JGC joint venture and Technip/Samsung Engineering/China Huanqiu joint venture.

The FEED work is expected to be completed in August, followed by the award of engineering, procurement, construction and commissioning work.

Pacific NorthWest will receive the bulk of its gas feedstock from Progress Energy Canada assets in northeast British Columbia gas fields.

The export venture is owned 90 percent by Malaysia’s Petronas through several subsidiaries and 10 percent by Japex.

Pacific NorthWest expects to submit a proposal by late this year for an environmental assessment by the Canadian Environmental Assessment Agency.

The export application is the equivalent of processing 2.5 billion cubic feet per day.

The other most recent filings for permits have been by United Kingdom-based BG Group to ship 21.6 million metric tons a year (2.7 bcf per day of natural gas) to Asia.






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Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and website may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law.