NewTimes Energy LNG Terminal

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NewTimes Energy LNG Terminal is an LNG export terminal in Canada with units that are cancelled (inferred 4 y).

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
T1 Prince Rupert, Kaien Island, British Columbia, Canada[1] 54.312194, -130.327083 (approximate)
T2 Prince Rupert, Kaien Island, British Columbia, Canada[1] 54.312194, -130.327083 (approximate)
T3 Prince Rupert, Kaien Island, British Columbia, Canada[1] 54.312194, -130.327083 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
T1 export[2] cancelled (inferred 4 y) 4 mtpa[2] 12.0 mtpa False –
T2 export[2] cancelled (inferred 4 y) 4 mtpa[2] 12.0 mtpa False –
T3 export[2] cancelled (inferred 4 y) 4 mtpa[2] 12.0 mtpa False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
T1 export[2] – –
T2 export[2] – –
T3 export[2] – –

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
T1 export[2] cancelled (inferred 4 y) – – – –[2][2] 2020 (cancelled)
T2 export[2] cancelled (inferred 4 y) – – – –[2][2] 2020 (cancelled)
T3 export[2] cancelled (inferred 4 y) – – – –[2][2] 2020 (cancelled)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
T1 export[2] cancelled (inferred 4 y) NewTimes Energy Ltd [100%][2] NewTimes Energy Ltd [100.0%] –
T2 export[2] cancelled (inferred 4 y) NewTimes Energy Ltd [100%][2] NewTimes Energy Ltd [100.0%] –
T3 export[2] cancelled (inferred 4 y) NewTimes Energy Ltd [100%][2] NewTimes Energy Ltd [100.0%] –

Background

NewTimes Energy LNG Terminal was a proposed LNG terminal in British Columbia, Canada.[3]

In 2015, NewTimes Energy Ltd applied for a license to export up to 12 mtpa LNG from a proposed floating LNG facility near Prince Rupert, BC, with aims of first operation in 2019.[4][5]

In 2016, the National Energy Board approved the license.[4]

Per Sightline Institute's 2018 report, "Project backer NewTimes Energy hopes to produce 12 million metric tons of LNG per year at this plant. NewTimes Energy LNG would be located 'in the vicinity of Prince Rupert,' though an exact location has not yet been announced. The NewTimes Energy website includes pictures of two proposed pipelines, the Prince Rupert Gas Transmission and Pacific Northern Gas pipelines, though the company does not appear to have reached a supply agreement with either one. NewTimes Energy was a late entrant to the crowded LNG field, and there has been no news on the project since the NEB approved its export license in 2016."[6]

There have been no development updates since 2016, and project is presumed to be cancelled.

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. ↑ 1.0 1.1 1.2 http://www.sightline.org/research_item/maps-british-columbia-lng-proposals/. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.19 2.20 2.21 2.22 2.23 https://www.lngindustry.com/floating-lng/12022015/another-lng-company-joins-the-export-race-239/. {{cite web}}: Missing or empty |title= (help)
  3. ↑ NewTimes Energy LNG Terminal, News, accessed April 2017
  4. ↑ 4.0 4.1 "CER – Export Licence Applications". www.cer-rec.gc.ca. Retrieved 2026-06-16.
  5. ↑ "Another LNG company joins the export race | LNG Industry". www.lngindustry.com. Retrieved 2026-06-16.
  6. ↑ "Update: Mapping BC's LNG Proposals" Sightline Institute, January 2018