Pacific Traverse Energy takes steps to develop propane export terminal

Pacific Traverse Energy, an energy-focused infrastructure company, is proposing to build and operate a new propane export terminal in British Columbia, Canada.

The company filed an application in February with the National Energy Board for permission to export propane from a new facility proposed to be constructed in Kitimat, British Columbia. Propane from northeastern British Columbia and Alberta will be shipped by specialty railcar to a new purpose-built marine terminal in northwestern British Columbia, the company says. With North America’s vast supply of propane, the company sees opportunities to supply the growing Asian market.

“The West Coast of North America is ideally positioned to serve these large import markets,” the company says on its website. “BC’s proximity to Asia provides material logistics and cost advantages.”

Pacific Traverse Energy says it is working with local First Nation communities, stakeholders and government to introduce the proposed project and provide an opportunity for communities and stakeholder groups to contribute local knowledge and provide valuable input early in the development process. CEO Zach Steele leads a company that is pursuing “unique projects” throughout North America. It is headquartered in Vancouver, British Columbia, with offices in Denver and New York.