On June 11 in Prince Rupert, British Columbia, Trigon Pacific Terminals announced a $750 million final investment decision to build a 2.5 million metric ton per year open-access LPG export facility, with operations expected to begin by late 2029 pending regulatory approvals.
The facility will expand Canada’s energy export infrastructure at the Port of Prince Rupert, where Trigon operates a multi-commodity terminal jointly owned by the Lax Kw’alaams and Metlakatla First Nations. “This FID is a pivotal moment for Trigon and for Canada’s energy sector,” said CEO Rob Booker. “We’ve come to the table with investment dollars and now we need the federal government to expedite this shovel-ready project.”
Support for the project includes backing from Indigenous leadership. Chief Councillor Garry Reece of the Lax Kw’alaams Band said, “This is about bringing long-term benefits to our people, our land, and future generations.” Chief Robert Nelson of the Metlakatla First Nation added, “The shared prosperity model that Trigon has adopted ensures our communities have a strong voice, a stake and a future.”
International demand is strong. Astomos Energy’s Jumpei Yamamoto stated, “We welcome the expansion of competitive LPG exports from Canada, contributing to the stable energy supply for Japan.” LPG carriers can use their cargo as fuel, much the same as LNG carriers do.
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Category: Sustainable Marine Fuels
