Stewart Energy LNG Terminal

From Global Energy Monitor
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Stewart Energy LNG Terminal was a proposed LNG terminal in British Columbia, Canada. There had been no development updates since 2014, and the project is presumed to be cancelled.

Location

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FLNG Project Details

  • Parent: Stewart Energy[1]
  • Location: Stewart, British Columbia, Canada[1]
  • Coordinates: 55.935833, -129.990833 (approximate)
  • Type: Export[2]
  • Capacity: 5 mtpa[1]
  • Status: Cancelled
  • Start Year: 2025[2]

Onshore Project Details

  • Parent: Stewart Energy[1]
  • Location: Stewart, British Columbia, Canada[1]
  • Coordinates: 55.935833, -129.990833 (approximate)
  • Type: Export[2]
  • Trains: 5[1]
  • Capacity: 5 mtpa[1]
  • Status: Cancelled
  • Start Year: 2025[2]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Stewart Energy LNG Terminal was a proposed LNG terminal in British Columbia, Canada.[2]

In 2014, Stewart Energy submitted an application to the Canada National Energy Board (NEB) for the export of 30 million tonnes per year (mtpa) of LNG during a period of 25 years. In order to save time, Stewart Energy is planning to phase up the project with the installation of a 5 mtpa capacity floating LNG terminal in the first phase, then adding five additional onshore LNG trains over multiple stages each with a 1 mtpa capacity, since the onshore facilities require longer administration approval than a floating unit.[1]

According to the Sightline Institute's 2018 report, "Update: Mapping BC’s LNG Proposals.", "Canada Stewart Energy Group, a partnership between a construction executive and an oil entrepreneur, aims to build the Stewart Energy LNG facility near Stewart, British Columbia—a small district of fewer than 500 people near the Alaska border, at the end of the Portland Canal. The project backers hope to export 30 million metric tons of LNG per year. Stewart Energy would start with a floating facility and then build a land-based plant to expand production. The NEB granted the project its export license in early 2016. The export license application indicated that Stewart Energy intends to build a new pipeline to the remote location and operate it as a joint venture with a third-party pipeline company, but no pipeline agreement has been announced. The application also claimed that Stewart Energy had entered into preliminary supply agreements with 'five major energy groups' in China, and it named Beijing-based Great United Petroleum Holding Company as one of its strategic partners."[3]

There have been no development updates since 2014, and the project is presumed to be cancelled.

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Stewart Energy in the race to export Canadian gas to Asia, 2b1st Consulting, June 18, 2014
  2. 2.0 2.1 2.2 2.3 2.4 Stewart Energy LNG Terminal, Company, accessed April 2017
  3. "Update: Mapping BC's LNG Proposals" Sightline Institute, January 2018

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External resources

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