TORONTO (ICIS)--Pembina Pipeline plans to develop a liquefied petroleum gas (LPG) export terminal on Canada’s west coast in British Columbia province, the Canadian midstream energy company confirmed on Tuesday.
The terminal, on Watson Island near Prince Rupert, about 1,500km northwest of Vancouver, could have an LPG export capacity of about 20,000 bbl/day.
The project, with an estimated capital cost of up to Canadian dollar (C$) 175m ($132m), could be realised within two years after a final investment decision is made.
The company already has secured a long-term LPG export permit from regulators.
"Pembina's objective with this project is to provide growing Canadian LPG supply with access to diverse, international markets, while complementing Pembina's expanding integrated service offering for energy products derived from natural gas," it said.
The company also has plans for integrated propylene and polypropylene production, centered on a propane dehydrogenation (PDH) project in Alberta.
($1 = C$1.33)
Pictured above is an LPG bulk cargo ship. Photos by: Andrew MacColl/REX/Shutterstock