AltaGas looks to Port Edward
AltaGas Ltd. made clear its intention to export two million tonnes of LNG per year and 700,000 tonnes of propane per year by 2017 from the North Coast. The company also finalized the purchase of 11 acres of land from Port Edward for more than $600,000.
Petronas investing billions
While work on the environmental assessment for the Lelu Island LNG terminal continued, Malaysian Prime Minister Najib Rezak announced the commitment of a $36 billion investment by government owned Petronas into developing B.C. LNG. In addition to the $11 billion set aside for the terminal, the government was committing $5 billion for a pipeline to Port Edward and the purchase and exploration of lands in the Northeast for LNG extraction.
Oil refinery proposed for Grassy Point
Eagle Spirit Energy became the second company to publicly declare its intentions to create an oil refinery on the North Coast, proposing a terminal at Grassy Point near Lax Kw’alaams. Details of the project and a public meeting held in Lax Kw’alaams to discuss the idea were being kept confidential until the project was further along, but the Ministry of Energy and Mines confirmed they had preliminary discussions with the company about the refinery.
School district projects job losses
The Prince Rupert School District said it would likely need to cut jobs in the next school year in order to make ends meet. The district needs to find approximately $1.4 million to fund a new agreement to give raises to school support staff and cover changes to funding protection that will cost approximately $371,736. Secretary-treasurer Cam McIntyre said he expects the district’s current $857,196 surplus to be gone by the end of this school year.
Candidates set for byelection
Six people put forward their name for the Nov. 15 byelection to replace now-MLA Jennifer Rice. Seeking election were Barry Cunningham, Larry Golden, James Kirk, Len Lovering, Wade Niesh and Gurvinder Randhawa.
City outlines nearly $150 million in infrastructure needs
During a visit from the B.C. Select Standing Committee on Finance and Government Service, the city’s chief financial officer explained why the city needs $150 million to replace infrastructure in the coming years. The biggest expense is $130 million for a wastewater treatment plant, while other expenses $12 million to replace the current water supply dam and build an access road and $6 million to replace the three wooden trestle bridges in town.
Triton LNG enters the fray
Plans for another LNG terminal surfaced on Oct. 29, as Triton LNG filed an export licence application with the National Energy Board for a terminal near either Kitimat or Prince Rupert. Unlike the proposals from Pacific NorthWest LNG and the BG Group, Triton LNG’s proposal called for a floating terminal with a capacity of 2.3 million metric tonnes of LNG per year.
Crime stats drop
The RCMP’s quarterly report to Mayor Jack Mussallem indicated a drop in crime in 2013. Te detachment had handled 7,108 cases through the first nine months of the year compared to 7,546 cases the previous year – a difference of 438 files.