Pacific NorthWest LNG
Derek Baker is the Community Relations Advisor for Pacific NorthWest LNG, a BC Based subsidiary of PETRONAS, which is seeking to build a liquefied natural gas (LNG) export facility in Port Edward, BC.
The proposed LNG plant at Port Edward, just outside of Prince Rupert, BC, would actually consist of two LNP plants. The plants and the two associated storage facilities would be located on Lelu Island, just off shore of Port Edward. The development would also require construction of a bridge to connect the mainland with Lelu Island.
Pacific NorthWest LNG are already in the business of exporting and have a skilled workforce with expertise in the business.
BC and the North West have have world class natural gas reserves, projected to last for between 100 and 150 years, at current consumption.
The Port Edward operation is tied closely with the current proposed Trans Canada Pipeline, which would be over 900 kms in length when completed.
Liquefied Natural Gas (LNG) is 600 times more condensed than when it is in the gaseous stage, making LNG the more logical and preferred method for shipment. The Natural Gas is converted to the liquefied stage at minus 162 degrees.
Pacific NorthWest LNG plan to be in commercial operations in 2019. Construction of the facilities and bridge will take 4 years, with an estimated $11 Billion dollars investment.
During the construction period, it is estimated to employ up to 4500 workers.
The completed project will provide a further 330 local jobs in operations, plus an additional 300 spin-off jobs.
The process is estimated to provide $1.3 Billion dollars in tax revenue.
Derek was thanked by Rotarian Bill Bateman for his presentation with another donation to our Rotary Polio Plus Program.