Pacific Northwest LNG Export Terminal Project

Summary Information

• Ownership: Petronas / Japex / IOCL
• Website: http://www.pacificnorthwestlng.com
• Location: Lelu Island in the District of Port Edward, BC, Canada
• Capacity: 12 million tons/annum
• Status: cancelled

Brief Description

• The project was to include two trains, or liquefaction plants, when initially constructed. Planning will include the ability to expand with the addition of a third train in the future. The LNG throughput is currently designed for about 3.8 million tonnes per annum per train

Technical Details

• Storage capacity:
• Constructor:
  • Technip, Samsung & CHCEC: Front-end engineering and design (FEED)
  • KBR, JGC: Front-end engineering and design (FEED)
  • Bechtel: Front-end engineering and design (FEED)
• Licensor:

Ongoing Projects/Project Status

• The project has been cancelled
• Pre front-end engineering design (Pre-FEED) phase (December 2012)
• FEED underway, (May 2013)

Suppliers / Customers

• Suppliers:
  • Gas was to be supplied from the Montney Formation Gas Field via the Prince Rupert Gas Transmission Pipeline
  • Transcanada is to construct a pipeline that will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia (B.C.) to the LNG export facility in Port Edward near Prince Rupert
• Customers:
  • Japex has a take off agreement for 1.2 Million tons per annum for the Soma Port LNG Terminal
  • Indian Oil Corporation has a take off agreement for 1.2 Million tons per annum

History

• 2011 - Progress Energy Announces Strategic Partnership with PETRONAS, including an LNG JV
• 2012 - Petronas agrees to acquire partner, Progress Energy
• 2012 - PETRONAS receives approval to acquire Progress energy
• 2013 - Transcanada signed an agreement to construct a gas pipeline serving the terminal
• 2013 - Japex agrees to buy a 10% stake in the project
• 2013 - FEED contracts awarded to competing consortia
• 2014 - IOC agrees to acquire 10% of the project
• 2014 - Export licence awarded by the Ministry of Natural Resources
• 2014 - The final investment decision was postponed due to low oil prices
• 2017 - The project was cancelled

Other Information

• -

Links

1. JGC LNG Tank References
2. Progress Energy Announces Strategic Partnership with PETRONAS to Develop Montney Shale Assets
3. PETRONAS to Acquire Progress Energy
4. PETRONAS & Progress Announce the Next Phase of LNG Export Project
5. PETRONAS and Progress Welcome Favourable Investment Canada Ruling
6. TransCanada Selected to Develop $6 Billion in Natural Gas Infrastructure to Prince Rupert, British Columbia
7. JAPEX Participates in Natural Gas Development & Production Project and LNG Project in British Columbia, Canada
8. Completion of Participation in Natural Gas Development & Production Project and LNG Project in British Columbia, Canada
9. Technip, in consortium with Samsung and Huanqiu, awarded contract for LNG project in Canada
10. KBR Awarded FEED Contract for World-Scale LNG Project in British Columbia
11. Bechtel Wins Contract for Liquefied Natural Gas Facility in Canada
12. NEB Approves Four LNG Export Licence Applications
13. Progress Energy Canada And Pacific Northwest LNG Welcome Third Partner To Pioneering British Columbia LNG Export Project
14. Harper Government Announces Approval of Four Long-term LNG Export Licences
15. PETRONAS statement regarding LNG development in British Columbia
16. PETRONAS and Partners Will Not Proceed with Pacific Northwest LNG Project