The construction process is all but down to finishing touches at the Watson Island LPG export terminal, with Pembina Pipelines now into the commissioning phase in the lead up to to the start of operations at the old pulp mill site.
Pembina started the process of turning a section of the City of Prince Rupert's Watson Island site into the regions latest export terminal back in the summer of 2018.
The newest export facility for Prince Rupert received a mention in the most recent update for investors from Peminda, with company officials outlining the scope of the First phase and some notes on their expansion plans which are already being investigated, though no decision on the second phase is anticipated until later this year at the earliest.
Development continues at Pembina's Prince Rupert Terminal located on Watson Island, British Columbia. The approximately 25,000 bpd project will primarily source propane from the Company's Redwater Complex. Marine, rail, sphere, and mechanical construction is nearing completion, and electrical construction and commissioning activities are in progress. |
| Propane from Western Canada will soon be transiting to Prince Rupert for shipment to global markets |
Pembina officials also have outlined how the start up of operations will help expand their global footprint in the international propane market, with propane from Western Canada arriving by rail at the Prince Rupert facility for shipment to export markets.
We are very excited about the start-up of our propane export facility, the Prince Rupert Terminal, which will come into service near the end of the first quarter.
This project is important as it represents our first export facility and will provide customers with improved access to more international markets and attract higher pricing for their propane.
In 2018, the City of Prince noted that it anticipates a gross estimated income to the municipality and Legacy Corporation of more than 75 million dollars in revenues, that through lease payments and property taxes over the course of the long term commercial arrangement, though the city has not noted how much that will deliver to the city per year.
You can follow along with the progress of the terminal from our archive page here.
Never forget that NCR demanded a referendum on this project because he's too biased against the mayor/city to admit it's a good deal.
ReplyDelete"too early to break out champagne bottles"
"any project is really just a proposal, until a shovel is in the ground and they start to pour the cement"
The receipts:
https://northcoastreview.blogspot.com/2017/12/a-councillor-waxes-poetic-on-watson.html
How is it to ask for transparency and accountability on one of the most significant industrial locations in the region and one laden with woe from the past, considered to be biased against the Mayor and City?
DeleteWe still have no information released on the cost of the remediation of the site, or the lawsuits of the past, nor a timeline on the revenue stream that is to come.
And at the time of the article you cite, a proposal was indeed just a proposal until a shovel did hit the ground and now to where we are now heading towards operations.
We also have yet to hear of any other tenants at Watson Island since that Pembina annoncement, so there seems to be much work ahead to fill the vacancies.
Still it is good to have another employer in town, and jobs created for those who could use the work; hopefully we hear more of the story from Council as we get closer to the ribbon cutting ceremony?
NCR
Owch. U ready to admit u were wrong about this project?
ReplyDeleteI'm not sure what I would admit to being wrong about, it wasn't so much the project, it was the lack of any information related to it from City Council other than the public relations material they relayed.
ReplyDeleteNCR