Vancouver: Canadian authorities have approved a pipeline that will link some of the country’s natural gas fields to an export terminal for liquefied natural gas (LNG) on the Pacific coast.
And that commitment means the Pacific NorthWest LNG terminal – a joint venture proposed by a Petronas-led consortium – is almost certain to go ahead.
The pipeline project, by TransCanada Corp, is budgeted at $1.3 8bn and would connect fields in northeast British Columbia to the Prince Rupert Gas Transmission line, supplying the mooted $11 billion terminal. Once there, the gas would be liquefied and shipped overseas.
This newly approved connecting pipe will be called the North Montney line. It and the Prince Rupert lines are vital to Malaysian oil giant Petronas’s plans to export natural gas from Canada to energy hungry clients in Asia. BC’s provincial government approved the Prince Rupert line last year. Unlike the North Montney, it did not require federal approval.