Progress Energy has announced that TransCanada Corporation had been selected to design and build the Prince Rupert Gas Transmission Project, a $5 billion pipeline that will connect and transport natural gas primarily from the North Montney gas-producing region near Fort St. John to the recently-announced Pacific Northwest LNG export facility in Port Edward near Prince Rupert.
The Pacific Northwest LNG facility is expected to include two plants, which in combination will be capable of processing six million tonnes of gas annually. In addition, TransCanada is proposing to extend its existing NOVA Gas Transmission Ltd. (NGTL) system in Northeast BC to connect both to the Prince Rupert Gas Transmission project and to additional North Montney gas supply from Progress and other parties.
Kinder Morgan has also announced plans to further increase its Trans Mountain Pipeline capacity to 890,000 barrels per day from its previously proposed 750,000. This change comes as a result of increased commercial support from customers in the Canadian oil producing and marketing business. If approved, Kinder Morgan hopes to have the expansion completed by 2017.