Canada's Trigon Pacific Terminals greenlights LPG export facility in British Columbia
Canadian bulk commodity export terminal operator Trigon Pacific Terminals has made its final investment decision (FID) for a new open-access 2.5 million MTPA LPG export facility in Prince Rupert, British Columbia.
Subject to securing all necessary legal and regulatory approvals, the CA$750 million (US$550 million) facility is projected to start exports in late 2029.
Trigon said the new facility would significantly enhance Canada’s capacity to serve global energy markets.
The company said the FID was accompanied by support from the Alberta Provincial Government and the Lax Kw’alaams and Metlakatla First Nations to advance to the project development stage.
"We have some of the largest reserves of natural gas and natural gas liquids in the world and are working hard to meet the growing demand of our partners in Japan, Korea and Asia," said Brian Jean, Alberta Minister of Energy and Minerals. "This new Indigenous-backed facility will play a major role in the long-term success of these partnerships and in promoting indigenous economic reconciliation."
Trigon's board of directors has given its full approval to proceed, with some of the infrastructure already in advanced stages of readiness. Rail access to the site is prepared, and berth loading facilities are ready for integration.
Long-lead items necessary for the terminal’s construction have been identified for procurement, ensuring what Trigon said is a, "streamlined development timeline."