oy A12 - The Terrace Standard, Wednesday, June 15, 2005 - ARTIST'S: RENDERING of how things will look at Emsley. Coven near r Kitimat should a planned liquefied natural gas terminal there go ahead. Super-chilled gas will be brought via specialized vessels in from around the Pacific Rim and kept in two large containers until re-gasified and sent through the Pacific Northern Gas pipeline near the terminal. The company called Kitimat LNG submitted its Proposal for an envi- ronmental assessment last week. | (LNG) terminal at Kitimat will change the way the ‘northwest thinks about resources, says the. president of the @ company. fronting “- . the project. _ Malaysia, Australia, Indonesia and Russia’s Instead of exporting g gas, this terminal will take the product from any number of Pacific Rim ‘countries .for distribution throughout the continent, Rosemary Boulton of Kitimat : LNG said last week. The clock started ticking last week on a -180- -day federal-provincial * environmental assessment of the project which would cost - $500 million to build if approved and have _a workforce of 50 people when it becomes operational as planned in late 2008. ‘ Boulton said the key to the project is a ". growing demand for natural gas and other fossil fuels in North America which can’t be met by dwindling continental supplies. . ‘Kitimat LNG expects that demand can be met by importing the fuel from companies in Sakalin Island which is north of Japan. ‘“There’s even a project in Bolivia. All it - has to do is.come up with west coast,” she said. _ - Kitimat LNG is banking on the new sup- plies to be ready by 2008 and as well as hav- ing enough specialized double-hulled ves- sels to carry the product to two large storage containers at Kitimat. The gas will be super-chilled to -161 C "reduce its volume for shipment i in the ves- sels. Kitimat LNG anticipates having four or five of the vessels dock at its Emsley Cove facility 18 km from Kitimat each month. _ The super-chilled gaseous product will be kept in the large containers until re-gasified Kitimat potential site tor natural gas terminal pe" By.ROD LINK’ A PLANNED .LIQUEFIED natural gas and sent to ‘waiting customers through the existing pipeline belonging to Pacific North- “ern Gas. " Kitimat LNG will be only the receiver of the product and won’t buy it from the over- _ seas suppliers, ship it to Kitimat or, sell it to North American customers, said Boulton. » “We do expect end users to have their own contracts with the suppliers,” said Boulton. Kitimat LNG will need to sign a contract with Pacific Northern Gas to ship the prod- uct outward from Kitimat. “We’re in talks with them at the moment. I think they’re waiting to see. whether we have a real project or not. The environmen- tal review we’ re in now will really determine that,” said Boulton. Kitimat LNG is a subsidiary, of Galves- ton LNG, a privately-held company based in Calgary which was formed to take advan- " tage of the growing demand for fuel. ‘It is being financed for now by $50 mil- lion provided by a number of investors but. . will need to go back to the capital market to borrow the $500 million Project construc-. tion cost. Boulton said Kitimat was chosen as a location because ofits deep water, close proximity to the existing Pacific’ Northern Gas pipeline for onward shipment, general _ acceptance by local governments and people... and potential to have area industries wanting the product. Provided the environmental: assessment goes as planned, Kitimat LNG wants to start construction early next year. As many as 700 workers will be needed for construction. Those interested in the project can get a closer look from the company June 21 from 4 p.m. to 8 p.m. at the Best Western Terrace Inn. People = Quality Pe Gina Belisle. has been providing » quality service for 24 years. In her roll asa Member Service Representative, she helps our members fulfill. their long term financial needs. Ae Sy PE: Credit Union 4650 Lazelle Avenue, Terrace © 635-7282 y Quality Service) Terrace & District Attention current and _ former Alcan employees | a You're invited to attend a 7 presentation by ‘the B.C. Cancer Control Agency on the results of. A Cohort Study of Aluminum | _ Workers: 12-year Update For your convenience, two presentation dates | have been scheduled: | Monday, June 20 (7:00 - 9:00 PM) Tuesday, June 21 (7:00 - 9:00 PM) | at the Luso Canadian Club | 159 Konigus Street, Kitimat, B.C. PLEASE NOTE: to attend. basis. e Spouses of Alcan employees are welcome * Seating will be ona first-come, first-served YOU'LL FIND GREAT IDEAS TO RAISE FUNDS FOR YOUR COMMUNITY ORGANIZATION! at Ken’ 's Marine! 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