PRINCE RUPERT, B.C. – Trigon Pacific Terminals has announced it is moving forward with a new $750-million facility to export liquefied petroleum gas (LPG), such as propane and butane, from its terminal in Prince Rupert.
The company confirmed on Wednesday that it has made a final investment decision on the project and is now urging the federal government to expedite the final regulatory approvals for the “shovel-ready” project.
The decision was made with the declared support of the Lax Kw’alaams and Metlakatla First Nations, a critical component for any major project development on the North Coast.
The new facility will be built at Trigon’s existing multi-commodity bulk terminal at the Port of Prince Rupert. It is designed to have an annual export capacity of 2.5 million tonnes of LPG per year. Subject to the necessary federal approvals, Trigon says the facility is expected to begin exports in late 2029.
In making the announcement, Trigon’s chief executive stated that the project is in the national interest. The development represents another major step in the diversification and expansion of the Port of Prince Rupert as a key gateway for Canadian resources to reach global markets.
This marks the second major energy export project to be green-lit for the Prince Rupert area, following the Ksi Lisims LNG project.