Pembina board of directors approves propane export terminal

After an approval from the board of directors, Pembina has confirmed it will develop the Prince Rupert Terminal on Watson Island, British Columbia, Canada.

The Prince Rupert Terminal, an LP gas export terminal, will be located on land leased from a wholly-owned subsidiary of the city of Prince Rupert.

“Since our initial announcement of potentially developing the Prince Rupert Terminal, we’ve worked diligently with municipal and other stakeholders and are now able to move forward with our final investment decision,” Stuart Taylor, Pembina’s senior vice president, NGL and natural gas facilities, says. 

The terminal is expected to have a permitted capacity of about 25,000 barrels per day of LP gas with an expected in-service date of mid-2020, according to the company.

“We are very excited to progress the Prince Rupert Terminal and continue working with the local communities, stakeholders, First Nations and governments in the area,” Taylor says. “This project will provide significant economic benefits to the Prince Rupert area including 150 to 200 construction positions and, once operational, it will create between 20 to 30 full-time positions in addition to generating annual property tax revenue and lease payments.”

LP gas supply for the Prince Rupert Terminal will be primarily sourced from Pembina’s Redwater fractionation complex, the company says.

“We are thrilled to work with Pembina to finally get Watson Island back in business,” Lee Brain, mayor of Prince Rupert, says. “What was once the story of economic downfall and hardship is now the story of prosperity and renewal. Getting Watson Island back on the tax roll has been the key priority of this council, and receiving this final investment decision from Pembina will provide us with additional lease and tax revenues to support community services and infrastructure.”