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| Petronas CEO Datuk Wan Zulkiflee Wan Ariffin has sparked some speculation that the Pacific NorthWest LNG project may consider a shift to Ridley Island |
The first indication of the new thinking on PNW LNG came out of Malaysia, with the newspaper The Star Online quoting Petronas CEO Datuk Wan Zulkiflee Wan Arffin, with the CEO observing for the paper that the old Shell site on Ridley Island "could be one of the options" for a location for the complex.
The Malaysian article also takes note of some of the controversy the project has received in British Columbia and how it, and how the progress of the LNG industry as a whole in the province has become one of the election themes to the current campaign.
Whether to consider making the shift over to Ridley will now become part of the current "total review" that Petronas has pledged to conduct. Once the Malaysian company and its partners have studied both the conditions from the Federal approval of the project and the financial aspects of developing it, they will then make a decision as to whether to move forward with the 36 Billion dollar project.
If they do give the green light the Pacific NorthWest development, that would make for the largest private investment in the province's history.
Part of what Petronas may also have to consider should they look to do some island hopping is, whether that will require the need for a new environmental review process; or if elements from the Lelu Island proposal could be transferred to any bid to build on Ridley.
So far there is no background on either the Petronas website or that of Pacific NorthWest LNG as to what they may have in mind when it comes to any potential shift in location.
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| Pacific NorthWest LNG's Lelu Island proposal may one day be but a collection of sketches, should Petronas decide to make a shift to Ridley Island |
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| A Malaysian newspaper The Star On line is reporting that Petronas is giving some thought to a shift to the now abandoned Shell Canada/BG site on Ridley Island |
The announcement that the Ridley location option may be in play as part of the Petronas review process, was also a story that quickly gathered some momentum on the various business publications that focus on energy issues.
The Star Online -- Petronas may consider Shell site for Canadian LNG project
Bloomberg -- Petronas May Consider Shell Site for Canadian LNG project
Financial Post -- Petronas may consider abandoned Royal Dutch Shell Site for Canadian LNG project
More notes on the history of the Pacific NorthWest LNG project can be found on our archive page here.
Shove your pollution project dead.
ReplyDeleteTsimshian people do not need to be polluted with sulfer and methane.
Your flawed science can go away.
You only proved dredging the areas toxic sediment isnt worth the damage.
Just The Berth Will Be Moving to Ridley And The Plant Will Remain On Lelu lol.Get Your facts Straight ��
ReplyDeleteThanks for the advice, however if you take the time to read the links provided (and indicated in the piece) ... the article from the Malaysian newspaper that was included in the item, would seem to be suggesting that consideration is being given to build on the abandoned site ...
Delete"KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) may be looking at building a US$27bil liquefied natural gas export terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc energy project, according to the company’s chief executive officer"
Further into that same article is the note
"Petronas had already been looking at moving the project’s docking facilities to Ridley in a modification that would help to both quell local opposition and potentially save as much as US$1bil by eliminating the need for a bridge over a sensitive marine area."
Always helps to explore the links provided, they tend to offer up more background to the stories presented
NCR
Hopefully PETRONAS will consider getting off our coast and stop threatening our safety , environment and the livelihoods of many other economically sound businesses ! These foreign ,mega Multi IRRATIONAL corporations and their grandious schemes of shoddy speculative reasoning are now flailing around in their death throws of their irrational, speculative projections ! We don't need anymore corporate welfare recipients ! Go Home !
ReplyDeleteAll joking aside - I don't see how any decent law-abiding Canadian could possibly entertain the thought of welcoming a company and a country that has the terrible reputation represented here, Correct me if I'm wrong - but are they not well known as close to the worlds most corrupt countries in existence? What insane reason could we possibly give for wanting them as neighbours?
ReplyDelete