Pacific Traverse Energy is proposing to construct a new propane export project in British Columbia. Propane from Northeastern BC and Alberta will be shipped by specialty rail car to a new purpose built marine terminal in north western British Columbia.
Our project is located in northwestern British Columbia.
Currently, the supply of propane in North America exceeds domestic demand and the trend is expected to continue.
Asia is the world’s largest importer of propane. Demand is forecast to grow rapidly. Most Asian countries source the majority of their propane from the Middle East and are actively looking to diversify supply.
Right now, there is an opportunity to use this versatile fuel to support emerging economies in Asia transition to clean sources of energy, while also supporting the people, communities and economy of British Columbia.
The West Coast of North America is ideally positioned to serve these large import markets. BC’s proximity to Asia provides material logistics and cost advantages.
Transporting propane by rail to northwestern British Columbia and then shipping it from our terminal will cost less and enable propane to reach its end-use market 10 days faster than alternative routes through the U.S.
Our approach is to develop a meaningful project for British Columbia. In advance of project launch, Pacific Traverse Energy is actively meeting with local First Nation communities, stakeholders and government.
The objective of these early engagements is to introduce the proposed project and provide an opportunity for communities and stakeholder groups to contribute local knowledge and provide valuable input early in the development process.
We are focused on developing a project that benefits First Nations, considers local environmental values and contributes to the communities in which we work.