WCC – West Coast LNG Terminal – British Columbia - Project Profile
"WCC – West Coast LNG Terminal – British Columbia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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WCC LNG Project Ltd, owned by Exxon Mobil Canada Ltd (EMCL) and Imperial Oil Resources Ltd (IORL), is planning to undertake the LNG terminal at the west coast of British Columbia, Canada.
The project involves the construction of a natural gas liquefaction terminal comprising LNG storage facilities and marine loading facilities. It will be implemented in two phases.
The liquefaction component of LNG terminal includes up to six separate processing units (trains) with a cumulative export capacity of 30 million tonnes per annum (MTPA). The initial design capacity is anticipated to be 15MTPA.
In June 2013, WCC applied to the National Energy Board (NEB) for a license authorizing the export of up to 30MTPA of LNG for a term of 25 years.
In December 2013, the license was approved by NEB, pursuant to Federal Cabinet's approval to issue the complete license.
On March 26, 2014, the Government of Canada announced its approval of export licenses on a long-term basis for 25 years.
On January 7, 2015, the Government of British Columbia requested the substitution of the B.C environmental assessment process for the project. The Canadian Environmental Assessment Agency initiated process of seeking comments from the public to decide whether a federal environmental assessment is required or not.
On February 26, 2015, environmental assessment commenced.
On May 8, 2015, draft information requirements submitted to B.C environmental assessment office (EAO).
On December 8, 2015, BC EAO hosted a open house meeting.
On March 28, 2016, EMCL submitted an application to the National Energy Board (NEB) to extend the export permit from 25 years to 40 years.
On March 31, 2016, BC EAO approved the final Application Information Requirements (AIR).
In July 2016, the project received a 15-year extension export license from the NEB.
The project is in early stage of assessment and is currently undergoing regulatory reviews with the British Columbia and Canadian governments.
Development options are being evaluated while gathering technical and environmental data at the project site. On completion of the evaluation of alternatives, WCC will select the final concept prior to commencing pre-FEED and FEED studies.
WCC is expected to secure a provincial environmental assessment certificate and engineering studies are scheduled to be completed in 2017 and a final investment decision is slated in 2017.
Construction on the entire project expected to completed in 2024.
The project involves the construction of an LNG terminal with an export capacity of 30MTPA at the west coast of British Columbia, Canada.
The US$30,000 million project includes the following:
1. Construction of natural gas liquefaction facilities with six separate processing units
2. Construction of LNG storage facilities
3. Construction of marine loading facilities
4. Construction of pipelines
5. Construction of related facilitiesReasons To Buy