| Project Detail |
On November 29, 2017, Pembina announced that its Board of Directors approved the development of the Companys previously proposed liquefied petroleum gas ("LPG") export terminal (the "Prince Rupert Terminal" or the "Project").
The Prince Rupert Terminal will be located on Watson Island, British Columbia on lands leased from a wholly-owned subsidiary of the City of Prince Rupert (the "City"). Through site assessments and engagement with key stakeholders, the Company has confirmed Watson Island as the ideal location for the Project to be developed and has executed definitive commercial agreements with the City.
The project is best viewed as a small-scale rail terminal, moving LPG from rail cars to handysize ships destined for international markets. There is no on-site processing or refrigeration, and smaller volumes for storage and movement require a smaller footprint relative to other energy facilities proposed on the west coast. The Prince Rupert Terminal is expected to have a permitted capacity of approximately 25,000 barrels per day of LPG and is expected to be in service mid-2020, subject to receiving necessary regulatory and environmental approvals. |
