Shoreline on Tuck Inlet where ExxonMobil proposes to locate barge-based marine offloading facility for LNG tankers.

LNG plans continue in 2015 despite oil slump

ExxonMobil project proposes $15-25 billion project to start in 2017, using up to five barges for export from Prince Rupert

The shakeout of liquefied natural gas proposals for B.C. continues, with  ExxonMobil’s large-scale project for Prince Rupert moving ahead and smaller projects changing or withdrawing plans.

ExxonMobil and its Canadian subsidiary Imperial Oil have filed a detailed description with B.C.’s Environmental Assessment Office, planning for a city-owned site on Tuck Inlet north of Prince Rupert Harbour.

One of the larger of 18 B.C. proposals, West Coast Canada LNG (WCC LNG) proposes up to five floating barges for LNG loading with onshore support facilities, and an estimated capital cost of $15-25 billion. WCC LNG plans to start construction by 2017 and be in service by 2024.

WCC LNG sorted through a half dozen sites in the Kitimat and Prince Rupert area, where the larger of B.C.’s 18 current LNG export proposals are also claiming sites. Natural Gas Development Minister Rich Coleman says 2015 is when the LNG industry begins to take shape, despite a slump in oil prices and rising competition from U.S. and other gas producers.

“New drilling activity in our upstream sector demonstrates investors remain confident in B.C.’s long-term natural gas potential,” Coleman said in a New Year commentary released last week. “One of our province’s largest Crown land sales in history occurred near the end of 2014, with industry contributing more than $209 million for exploration right alone.”

Proponents of Aurora LNG Grassy Point near Prince Rupert withdrew that application to start the year, focusing on another site at Digby Island.

Also withdrawn is the Farrell Creek raw gas processing plant north of Hudson’s Hope, a project taken over by Malaysian-owned Progress Energy. Progress is a partner with PETRONAS in Pacific Northwest LNG at Lelu Island near Prince Rupert, with its investment decision postponed indefinitely late last year amid changing global energy supply and demand.

Woodfibre LNG near Squamish is another small-scale project moving ahead, with its application for B.C. environmental assessment accepted at the end of 2014.

The public comment period closed for another large-scale proposal, the Shell-led LNG Canada proposal for Kitimat.

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Unemployment surpasses historic high in Greater Victoria, tourism hit hard

Hospitality and tourism sectors hurting as pandemic continues

Victoria tattoo shops respond to sex assault allegations against male artists

Carne Tattoo and Painted Lotus Studios respond to allegations

Sooke Crisis Centre closes doors

Services previously offered to be dispersed throughout community support groups

‘I love my animals very dearly,’ says man at centre of Saanich park allegations

Man accused of assault after being approached for allegedly mistreating his dog

Turned over truck impedes traffic in Langford

Truck at the side of Millstream Road near Western Speedway

VIDEO: Langford cat missing 18 months reunited with family

Blue the cat found at Victoria museum 17 kilometres from home

VIDEO: Alberta man rescues baby eagle believed to be drowning in East Kootenay lake

Brett Bacon was boating on a lake in Windermere when he spotted the baby eagle struggling in the water

Vancouver Island business ad unintentionally features OK gesture linked to white supremacy

Innocuous ‘OK’ gesture in cleaning franchise advertisement gets flak on social media for ‘supposedly’ promoting white supremacy

Comox Valley RCMP looking for missing woman

Ami Guthrie was last seen in Courtenay in early July

Conservationists raise concerns over state of care for grizzly cubs transferred to B.C. zoo

‘Let them be assessed now before their fate is sealed,’ urges B.C. conservationist Barb Murray

B.C.’s COVID-19 job recovery led by tourism, finance minister says

Okanagan a bright spot for in-province visitor economy

National Kitten Day aka the ‘purrfect’ day to foster a new friend

July 10 marks National Kitten Day, a special day to celebrate all things kittens

Lower Mainland YouTubers claim to be Kelowna display toilet ‘poopers’

RCMP can not speak to legitimacy of video, will be investigating

Haida matriarchs occupy ancient villages as fishing lodges reopen to visitors

‘Daughters of the rivers’ say occupation follows two fishing lodges reopening without Haida consent

Most Read