There may not yet be a decision from Pacific NorthWest LNG regarding its planned terminal on Lelu Island, but one of the company’s partners took a major step to prepare to accept liquefied natural gas from B.C.
JAPEX, which owns a 10 per cent interest in the terminal, began construction on the Soma LNG terminal in Shinchi Town, Fukushima Prefecture on Japan’s west coast on Nov. 13. In a media release, JAPEX said the 1.2 million tonnes of LNG per year from Pacific NorthWest LNG would serve as “one of the LNG sources to be received at the Soma LNG receiving terminal”. JAPEX expects its terminal to begin operations in March, 2018, while Pacific NorthWest LNG is proposing to begin operations in 2019.
The total investment for the terminal is 60 billion yen, equivalent to $589,312,905CDN.
As well as the terminal, JAPEX is planning to construct a natural gas pipeline to connect the terminal to its main network.