Petronas and Progress Energy Resources Corp. have completed the detailed feasibility study for a LNG export facility on Lelu Island in the District of Port Edward (British Columbia, Canada). The project is moving into the pre front-end engineering design (Pre-FEED) phase.
The Pacific Northwest LNG project will include two liquefaction trains, and could accomodate a third train in the future. The LNG capacity is currently designed for about 3.8 Mt/year per train (total of 7.6 Mt/year), based on the LNG Export Joint Venture that was announced between the two companies in 2011.
If the proposed acquisition of Progress by Petronas currently being reviewed by the federal government is approved, the throughput of natural gas at the LNG export facility is expected to increase by approximately 60% to 6 Mt/year per train (12 Mt/year). Investment will range between $9bn and $11bn, depending on the final project scope.
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