PRINCE RUPERT, BC — WestPac Terminal Inc of Calgary has entered into an agreement with Ridley Terminals Inc. (RTI) that will allow for the potential development, construction and operation of a liquefied natural gas (LNG) receiving terminal on lands presently leased by RTI from the Prince Rupert Port Authority.
Ridley Island is the Port Authority’s heavy industrial development property. The site offers more than 400 contiguous hectares (1000 acres) of waterfront land.
With infrastructure in place, Ridley Island’s physical features and many other attributes will allow WestPac Terminals Inc. to utilize RTI’s existing dock facilities.
The proposed terminal is scheduled to be operational by 2009 following the completion of all detailed design, construction and regulatory approvals.
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