The WCC LNG export facility would initially have the capability to process up to 15 million metric tonnes of LNG per year for shipment to international markets, with potential to expand to approximately 30 million tonnes per year.
The three main facility components are:
- Liquefaction and storage facilities for natural gas;
- Loading facilities for double-hulled LNG ships; and
- Third-party pipeline and facilities required to transport natural gas to the LNG export facility from existing natural gas pipeline systems.
The Canadian National Energy Board granted the project an LNG export license in December 2013, which was then approved by the Canadian Federal Cabinet in March 2014, allowing for up to 30 million metric tonnes per year of liquefied natural gas to be exported to global markets. On July 28, 2106, WCC LNG received a 15-year extension to its export license from 25 years to 40 years.
Utilizing LNG carriers, shipping frequency would be about one vessel per day at full capacity.
The proposed facility would receive feed gas from the Western Canada Sedimentary Basin. WCC LNG’s Project Description, which initiated the environmental assessment process, is filed on the British Columbia Environmental Assessment Office website.
A final investment decision on the project, and therefore the ultimate project schedule, will be dependent on a range of factors, including regulatory approvals, investment climate and business considerations.
The following is a notional project schedule at this early project development stage:
|Data acquisition, field studies and engineering studies||2014 – 2018+|
|Environmental Assessment process (Project Description to Environmental Assessment Application for EA Certificate)||2015 – 2019+|
|Start of construction||2020 or later|
|Operations||2025 or later|
|Construction of remaining phases||Post 2025|
|Decommissioning and reclamation||2065 or later|