Pacific Trails Pipeline
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The Pacific Trails Pipeline, also known as the PTP, is a proposed pipeline in Canada, with plans to connect to the Kitimat LNG Terminal. Chevron announced that it was divesting 50% of its ownership in the terminal in December 2019, and as a result, the terminal and this connected pipeline are now considered shelved.[1]
Location
The pipeline would run from the Liard and Horn River basins in northeast British Columbia, Canada, via Summit Lake to the Kitimat LNG Terminal site at Bish Cove in northwestern British Columbia.
Project details
- Owner: Chevron (50%), Woodside Energy (50%)[1][2]
- Capacity: 1 billion cubic feet per day[2]
- Length: 471 kilometers[1]
Background
Chevron announced its plans to divest in the project in December 2019. An update in March, 2021 noted that despite "the many challenges posed by COVID-19", Chevron continued this divestment process and at that point had ceased further funding of work related to the Kitimat LNG Terminal.
In May 2021, Woodside Energy announced that it was joining Chevron in divesting from the Kitimat LNG project. The company wrote down its $720 million investment in the project and said that it plans to sell its 50% stake. Chevron continued to look for a buyer for its 50% stake.
In January 2023, Pacific Trails
Articles and resources
References
- ↑ 1.0 1.1 1.2 Kitimat LNG Project, Chevron Canada, Mar. 17, 2021, accessed Aug. 31, 2021.
- ↑ 2.0 2.1 Pacific Trails Pipeline, BC Oil & Gas Commission, page last updated Apr. 7, 2020, accessed Aug. 31, 2021.
Related GEM.wiki articles
External resources
External articles
*add as many countries as the pipeline passes through
