Four energy companies vie to build LNG in Prince Rupert

From Business in Vancouver

The B.C. government has received four new proposals to develop an LNG facility in Prince Rupert.

Bids were received from:

  • Nexen (TSE:NXY);
  • Woodside Petroleum (WPL:ASE);
  • SK E&S; and
  • Imperial Oil (TSE:IMO) with ExxonMobil Canada (XOM).

The government issued a call for proposals in February to develop the project on Grassy Point, the site of a failed LNG project in the 1980s.

The deadline for submission in response to the government’s request for proposals was March 18, and the decision process is now underway.

By Jen St. Denis