Chinese led LNG project in Terrace thinks "Inside the Box" for Shipments out of Port of Prince Rupert

Chinese based Top Speed energy is looking to ship LNG from a
Terrace processing plant to Asia by way of specialized containers
(photo from Top speed website)

The latest of LNG proposals for the Terrace-Kitimat corridor is offering an interesting and new idea for shipments of the Canadian resource to Asian markets.

With a Chinese energy company looking to set up a terminal facility near the Terrace airport and ship LNG from British Columbia in specialized containers through the Port of Prince Rupert.

The project, which would be known as Skeena LNG would process up to 150,000 tonnes of LNG per year. An amount which is considered small enough to avoid federal and provincial requirements for an environmental assessment is to be filed with the BC Oil and Gas Commission as well as to seek out the necessary permits from the City of Terrace.

Earlier this year, Top Speed energy signed a deal with Fortis Energy for a similar project that would see the Chinese Energy company ship LNG by container out of the Tilbury container Terminal in Delta.

The projections from that contract will see 53,000 tonnes of LNG a year shipped overseas, with 60 ISO containers a week to depart Tilbury for China by the summer of 2021.

A video included as part of the Top Speed Energy website offers a glimpse as to how the LNG container process works and how Top Speed views the Fortis project as one which is at the moment the only version that offers a different approach from the more familiar shipment process.

Containers continue to elbow their way into the marketplace with LNG now
the latest concept proposed to be shipped through facilities in Prince Rupert
(photo from Top Speed Energy website)

Still in its early planning stages, there is no indication so far as to a timeline for the proposed terminal project, or how many jobs it may create during construction and then in operation.

The move towards an inland terminal in Terrace, if it moves forward, will certainly create economic development in the Terrace area; a part of the Northwest that is already seeing significant spin off benefits (and some civic challenges) from the arrival of LNG development in the Kitimat-Terrace corridor.

The Terrace airport lands project will also serve to reinforce some recent themes from the Port of Prince Rupert as to how the Gateway to Asia through Prince Rupert is serving to create economic prosperity along the Highway 16 corridor.

The proposed development has not as of yet, been submitted to the BC Oil and Gas site for further action.

Cross posted from the North Coast Review.