Friday, January 17, 2020

Latest LNG development plans would put floating LNG shipment terminal in Alaskan waters north of Prince Rupert

Site investigation work is taking place across the border just north of
Lax Kw'alaams with an area in South east Alaska flagged as the potential
home for a floating LNG terminal to ship Canadian gas to Asia

The LNG industry may be set to return to the North Coast, but if it does it will be just above the A-B line with  a development plant that could see a shipment terminal located in Alaskan waters just north of Lax Kw'alaams.

There are few details available related to a plan for yet one more LNG terminal for the development list in the Northwest.  This one being proposed by a company known as AlaskCan LNG.

The energy shipment company is fronted by Byng Giraud, formerly of Woodfibre LNG in Squamish. In addition to his work with Woodfibre Mr. Giraud has past experience in the Canadian mining sector and is a former member of the Board of Ridley Terminals Inc, prior to that facility's recent sale.

The British Columbia executive is reportedly looking to tap into Natural Gas resources in Northeastern British Columbia and deliver it by pipeline to a 12 billion dollar natural gas  export floating terminal, the terminal to be attached to an island North of British Columbia's Wales Island.

It's placement however would be on the Alaska side of the water border in the Sitka and Tongass passages of Southeast Alaska.

The area being explored for the proposed terminal is north of
British Columbia's Wales Island, in the area of Alaska's Sitka and Tongass passes

Ketchikan Public Radio Station was the first to make note of the proposed development providing some background on the AlaskCan LNG investigative work to this point.

As KRBD observes in their reporting, the terminal would ship up to 12 million metric tons per year of liquefied Natural gas by shop to Asia. The public broadcaster notes that the reasoning behind the selection of the site on the American side of the border is that it saves 60 kilometres on the pipeline and Alaska has a clear and robust permitting process.

So far there is no information to be found on the proposed pipeline work through the BC Oil and Gas Commission website or that of the Environmental Assessment Office in British Columbia.

KRBD also notes that while the investigative work for the potential site continues, there are many in Alaska who do not believe the project will ever reach the starting line. Some observe that the belief that it would be easier to get regulatory approval in Alaska, will not be not quite as seamless as the proponents believe it will be.

Once the exploratory work on potential sites is complete, AlaskCan LNG plans on a consultation process with nearby Alaskan communities; if all the elements are favourable for the development to move ahead, the company suggest that the plant could come online in 2027 or 2028.

More notes on LNG in British Columbia can be found from our archive page here.

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