Project Profile
Value: US$5 billion
Receipt point: Near Fort St. John, B.C.
Delivery point: Pacific Northwest LNG facility in Port Edward near Prince Rupert, B.C.
Start-up Year: 4Q 2015
Length: 1,400 kilometres (870 miles)
Initial pipeline capacity: 2.0 billion cubic feet of gas per day with the ability to expand to 3.6 billion cubic feet of gas per day
TransCanada Corporation has been selected by Progress Energy Canada Ltd. (Progress) being the successor by amalgamation of PETRONAS Carigali Canada Ltd. and Progress Energy Resources Corp. to design, build, own and operate the proposed US$5 billion Prince Rupert Gas Transmission project. This proposed pipeline will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia (B.C.) to the recently-announced Pacific Northwest LNG export facility in Port Edward near Prince Rupert, B.C. Progress and TransCanada expect to finalise definitive agreements in early 2013, subject to approvals by their respective Boards. In addition, TransCanada proposes to extend its existing NOVA Gas Transmission Ltd. (NGTL) system in northeast B.C. to connect both to the Prince Rupert Gas Transmission project and to additional North Montney gas supply from Progress and other parties. This new infrastructure will allow the Pacific Northwest LNG export facility to access both the abundant North Montney supplies as well as other Western Canada Sedimentary Basin (WCSB) gas supply through the NOVA Inventory Transfer (NIT) trading hub and the extensive existing NGTL pipeline network. Initial capital cost estimates associated with extensions of the NGTL System are approximately US$1 to US$1.5 billion, with an in-service date targeted for the end of 2015.
Operators:
TransCanada: Operator with 100% interest