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Progress CEO Outlines Plans for British Columbia LNG Export Project

Speaking this week at a conference, Progress Energy Resources CEO Michael Culbert said that his company plans to partner with Petronas to build an LNG export facility in British Columbia featuring two liquefaction trains with capacities of approximately
June 15, 2011

Speaking this week at a conference, Progress Energy Resources CEO Michael Culbert said that his company plans to partner with Petronas to build an LNG export facility in British Columbia featuring two liquefaction trains with capacities of approximately 3.7 million mt/year each. Culbert said that the first train would be built over the next four to five years and then would be followed by the second train. According to Platts Gas Daily [subscription required], Culbert said that Progress will conduct a feasibility study on the project beginning in September 2011.

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