Roughneck Mag
Briefs

Shell Rescinds Plans for Prince Rupert LNG

In mid-March, 2017 Royal Dutch Shell announced it had abandoned its plan to construct a liquefied natural gas (LNG) facility in Prince Rupert, BC. The project, located at the south of Ridley Island, was one the company had received when it purchased BG Group in 2016.

The good news is Shell reconfirmed its commitment to PetroChina, Korea Gas, and Mitsubishi to partner on the $25 billion Kitimat LNG Energy joint venture. The first phase will handle 12 million tonnes per annum (mtpa), by 2020, and the consortium will decide later when it wants to double capacity to 24 mtpa. The gas will be transported through the Coastal Gas Link pipeline and TransCanada’s line.

#Shell #TransCANADA #LNG #PrinceRupert #BritishColumbia #PetroChina #KoreaGas #Mitsubishi #Kitimat