Pipelines
Pacific Trail Pipelines Plans to Construct New $1.2 Billion Natural Gas Pipeline in Canada
The eastern portion of the new pipeline will be constructed primarily within or adjacent to the existing right-of-way of Pacific Northern Gass pipeline system between ...
Released Friday, February 23, 2007
Researched by Industrial Info Resources (Sugar Land, Texas). Pacific Trail Pipeline, Limited Partnership (Vancouver, British Columbia), a joint venture between Galveston LNG, Incorporated (Calgary, Alberta) and Pacific Northern Gas, Limited (NYSE:PNGKF) (Vancouver, British Columbia), is planning to construct a new 470-kilometer, 36-diameter natural gas pipeline in British Columbia, Canada. The planned KSL Project will increase Pacific Northern Gass existing pipeline capacity from 155 million cubic feet per day (mmcfd) to one billion cubic feet per day (Bcf/d) of natural gas and will originate at Galveston LNGs planned Kitimat LNG receiving & re-gasification terminal and run in an eastern direction to make an interconnection with Spectra Energys (NYSE:SE ) (Houston, Texas) existing pipeline system near Summit Lake, British Columbia. The project will also allow for bi-directional flow along the existing pipeline system.
Presently, Pacific Northern Gas is in the permitting phase and expects to receive its permitting approvals form the government regulatory agencies in the last quarter of 2007. Pacific Northern Gas expects to complete its internal commercial studies and achieve commercial closure on the project by the third quarter of 2007. Pacific Northern Gas expects to begin construction one the $1.2 billion project some time in early 2009, with a completion and in-service date targeted for sometime in late 2010.
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