B.C.'s 15 LNG projects: Where they stand today


There are 15 projects in British Columbia and Oregon that propose liquifying and exporting Western Canada's vast sources of natural gas.

There is broad consensus, however, that most will never see the light of day, due to the limited number of customers in Asia and the massive amount of capital it takes to get the projects off the ground. Even if a few proceed, the province says more than 100,000 jobs will be created and its debt will be wiped out in under 20 years.

The next 12 months might be the most important ever for the economy of British Columbia. After the LNG tax is finalized, likely by the summer, Final Investment Decisions could start rolling in by year-end, opening the flood gates for capital spending.

Pipeline News North analysed the projects to bring you the latest on those that are on track and the ones that face delays. The proponents are presented in the order we expect them to make Final Investment Decisions.




Pacific NorthWest LNG

article continues below
  • Final investment decision: 2014
  • Partners: Petronas, Japex, Petroleum Brunei, Indian Oil Corp
  • Price tag: $11 billion
  • Location: Land-based facility, Lelu Island, Prince Rupert
  • Capacity: 19.68 million tonnes per year of LNG
  • EA: Application submitted to EAO
  • In-service date: 2018
  • Export license: Approved by NEB
  • Pipeline: TransCanada's Prince Rupert Gas Transmission Project
  • Pipeline details and status: 48" diameter, 900 km, near Hudson's Hope to Lelu Island. EA application submitted under BC EA.
  • Source of natural gas: Progress' holdings in North Montney







Latest







Final Investment Decision




Woodfibre LNG Export Pte. Ltd.
  • Final investment decision: Autumn 2014
  • Partners: Pacific Oil & Gas
  • Price tag: $1.7 billion
  • Location: Squamish, B.C.
  • Capacity: Export 2.1 million tonnes of LNG per year
  • EA: Woodfibre LNG filed a Project Description with the CEAA and BCEAO
  • In-service date: 2017
  • Export license: Received license last December
  • Pipeline: Existing FortisBC gas pipeline will be expanded







Latest





Final Investment Decision



Stewart Energy LNG
  • Final investment decision: 2014
  • Partners: Canada Stewart Energy Group Ltd.
  • Location: Floating and land-based facilities, Stewart
  • Capacity: Targeting annual capacity of five million tonnes
  • EA: N/A
  • In-service date: 2017
  • Export license: application submitted March
  • Pipeline: N/A





Latest

Final Investment Decision




Oregon LNG
  • Final investment decision: Q1 2015
  • Partners: Backed 80% by Leucadia National Corp.
  • Location: Warrenton, Oregon
  • Price tag: $6 billion
  • Capacity: Up to 9 million metric tons of LNG per year
  • EA: Draft Environmental Impact Statement to be issued in 2014
  • In-service date: Early 2019
  • Export license: Applied to Canada's NEB, seeks approval from DOE in U.S.



Latest





Final Investment Decision




Jordan Cove Energy Project
  • Final investment decision: Q1 2015
  • Partners: Jordan Cove Energy Project L.P., Veresen Inc.
  • Price tag: $6.8 billion
  • Location: Coose Bay, Oregon
  • Capacity: Liquefaction capacity of 6 million metric tons per year
  • EA: FERC permit expected in Q3 2014
  • Export license: Has permits from Canada's NEB, DOE in U.S.
  • Pipeline: Alberta Ethane Gathering System, Alliance Pipeline, Pacific Connector Gas Pipeline (450 km, proposed)
  • Source of natural gas: Aux Sable Canada (owned by Enbridge and Veresen), via Encana and Phoenix Duvernay Gas (JV participant of Encana)





Latest









Final Investment Decision






LNG Canada Gas
  • Final investment decision: 2015
  • Partners: Joint venture Shell Canada Ltd., Korea Gas Corporation
  • (KOGAS), Mitsubishi Corporation and PetroChina Company Limited
  • Location: Land-based facility, Kitimat
  • EA: Application Information Requirements approved by BCEAO
  • In-service date: 2018
  • Export license: Approved by NEB for 24 million tonnes of LNG per year
  • Pipeline: TransCanada's Coastal GasLink Pipeline Ltd.
  • Pipeline details and status: 48" diameter, 650 km, near Dawson Creek to Kitimat. EA application submitted



Latest




Final Investment Decision




Triton LNG
  • Final investment decision: 2015
  • Partners: AltaGas Ltd, Idemitsu Kosan
  • Location: Floating facility, Kitimat or Prince Rupert
  • Capacity: 2.3 million tonnes of LNG per year
  • In-service date: 2017
  • Export license: Approved in April 2014
  • for 2.3 million tons of LNG per year
  • Pipeline: PNG's Looping Project
  • Pipeline details and status: 24" diameter, 525 km, Summit Lake to Kitimat. Pre-application under BC EA.



Latest



Final Investment Decision




Kitsault Energy
  • Final investment decision: 2015
  • Partners: N/A
  • Location: Floating and possibly
  • land-based facilities, Kitsault
  • EA: N/A
  • In-service date: 2018
  • Export license: Applied December 2013 for 20 MTA
  • Pipeline: N/A





Latest



Final Investment Decision






Aurora LNG
  • Final investment decision: About 2016
  • Partners: Nexen (CNOOC), INPEX, JGC Corporation
  • Location: Land-based facility, Grassy Point, near Kitimat
  • Capacity: Applied to ship 24 million tonnes of LNG per year
  • EA: Responded to Request for Expression of Interest from province in 2013
  • In-service date: 2021, according to Chinese newspaper Caixin
  • Export license: Applied to ship 24 million tonnes of LNG per year
  • Pipeline: N/A
  • Source of natural gas: Nexen assets in Horn River and Cordova basins















Latest







Final Investment Decision




Kitimat LNG (KM LNG)
  • Final investment decision: Later this decade
  • Partners: Chevron/Apache 50/50 equity
  • Location: Land-based facility, Bish Cove, Kitimat
  • EA: Complete under BC EA (2008)
  • Export license: Approved by NEB for 10 MTA
  • Pipeline: Pacific Trails Pipeline
  • Pipeline details and status: 42" diameter, 462 km, Summit Lake to Kitimat, public comment period held on EA certificate amendment: Feb 21-Mar 22, 2014
  • Source of natural gas: Chevron/Apache holdings in Horn River, Liard gas basins

Latest









Final Investment Decision



Prince Rupert LNG
  • Final investment decision: About 2017
  • Price tag: $16 billion
  • Partners: BG Group
  • Location: Land-based facility, Ridley Island, Prince Rupert
  • Capacity: 21.6 million tones per year of LNG
  • EA: Comments collected on Draft Application Information Requirements
  • In-service date: Had planned 2020, but moved to "about 2022"
  • Export license: Approved by NEB for 21.6 MTA
  • Pipeline: Spectra/BG Group's Westcoast Connector Gas Transmission Project
  • Pipeline details and status: 36"- 48" diameter, 870 km, up to 2 pipelines.Cypress to Ridley Island. Application Information Requirements approved by BCEAO in Sept. 2013. Proponent must provide info by Sept/2016.





Latest



Final investment decision




WCC LNG
  • Final investment decision: N/A
  • Partners: Imperial Oil/Exxon Mobil
  • Location: N/A
  • EA: N/A
  • Export license: Approved by NEB for 30 MTA
  • Pipeline: N/A





Latest



Final Investment Decision




No name
  • Final investment decision: N/A
  • Partners: Woodside Petroleum Ltd.
  • Location: South site of Grassy Point, Kitimat
  • EA: N/A
  • In-service date: N/A
  • Export license: Has 1 year to obtain license
  • Pipeline: N/A





Latest

Final Investment Decision




Steelhead LNG
  • Final investment decision: N/A
  • Partners: N/A
  • Location: N/A
  • Capacity: N/A
  • EA: N/A
  • In-service date: N/A
  • Export license: N/A
  • Pipeline: N/A



Latest



Final Investment Decision




Douglas Channel LNG
  • Final investment decision: Was expected in 2014. Delayed.
  • Partners: BC LNG Export Cooperative, Haisla Nation, LNG Partners
  • Price tag: $500 million
  • Location: Floating facility, Kitimat
  • EA: Not required
  • In-service date: Was expected in 2015. Delayed.
  • Export license: approved by NEB for 1.8 MTA
  • Pipeline: PNG's existing pipeline and proposed PNG Looping Project
  • Pipeline details: 10" diameter, Summit Lake to Kitimat.





Latest

Final Investment Decision

@ Copyright Pipeline News North

Comments

NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Pipeline News North welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus