Friday, 19 July 2019 11:27

Kitimat LNG seeks 40-year export licence

569 Kitimat

 

Chevron, the lead of the Kitimat LNG venture is seeking a 40-year export licence. Co-owned with Australia’s Woodside Petroleum Ltd., the facility currently has a 20-year license in place. Last week, Chevron submitted a plan to BC and federal regulators aiming to start terminal construction by 2023. The new plan calls for electric-motor-driven technology to supercool natural gas into liquid form, relying on hydroelectricity from BC Hydro instead of using natural gas-powered turbines. The site is on Haisla Nation reserve land near Kitimat, and the elected Haisla band council supports their project, along with the Royal Dutch Shell PLC-led LNG Canada project. Chevron and Woodside are also proposing construction of the Pacific Trail Pipeline (PTP) to transport natural gas from the Summit Lake area in the B.C. interior to Bish Cove. Chevron became a co-owner of the project in 2013, with Woodside joining 2015. The companies suspended most construction work by late 2015 after prices in Asia for LNG plunged.

 

 

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