Apache Canada Ltd. and Chevron Canada Ltd. have signed a broad agreement to build and operate the Pacific Trail Pipeline and Kitimat LNG project. Once the agreement is in place, Chevron Canada, managing operator, and Apache Canada each will become a 50 per cent owner of the Pacific Trail Pipelines Limited Partnership (PTP LP).
The PTP LP is developing the natural gas transmission pipeline system from Summit Lake to Kitimat, British Columbia to serve Kitimat LNG’s export facility near Kitimat, British Columbia.
The Kitimat LNG facility is the only proposed LNG export facility on the west coast of North America with major environmental approvals in place. One of the facility’s competitive advantages is the ability to access the world class natural gas supplies in the Western Canadian Sedimentary Basin. The proximity to the large Asian LNG markets gives the Kitimat LNG facility a competitive advantage over liquefaction facilities in the Atlantic basin.
The 463-kilometre Pacific Trail Pipelines project will provide the facility with a direct connection to the Spectra Energy Transmission pipeline system and excellent access to natural gas supplies in British Columbia and Alberta.