NewTimes Energy LNG Terminal

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NewTimes Energy LNG Terminal is a proposed LNG terminal in British Columbia, Canada. There have been no development updates since 2016, and the project is presumed to be cancelled.

Location

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Project Details

Project Details, Train 1

• Owner: NewTimes Energy (100%)
• Parent company: NewTimes Energy (100%)
• Location: Prince Rupert, Kaien Island, British Columbia, Canada
• Coordinates: 54.312194, -130.327083 (approximate)
• Type: Export
• Capacity: 4 mtpa
• Status: Cancelled
• Start Year: 2019

Project Details, Train 2

• Owner: NewTimes Energy (100%)
• Parent company: NewTimes Energy (100%)
• Location: Prince Rupert, Kaien Island, British Columbia, Canada
• Coordinates: 54.312194, -130.327083 (approximate)
• Type: Export
• Capacity: 4 mtpa
• Status: Cancelled
• Start Year: 2020

Project Details, Train 3

• Owner: NewTimes Energy (100%)
• Parent company: NewTimes Energy (100%)
• Location: Prince Rupert, Kaien Island, British Columbia, Canada
• Coordinates: 54.312194, -130.327083 (approximate)
• Type: Export
• Capacity: 4 mtpa
• Status: Cancelled
• Start Year: 2021

Background

NewTimes Energy LNG Terminal is a proposed LNG terminal in British Columbia, Canada.

"Project backer NewTimes Energy hopes to produce 12 million metric tons of LNG per year at this plant.88 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," according to the Sightline Institute's 2018 report, "Update: Mapping BC’s LNG Proposals."

Because there have been no development updates since 2016, the project was presumed to be cancelled.