Malaysia's Petronas, BG Group Mull Gas Pipeline in British Columbia

BG Group and Petronas are planning to build a shared natural gas pipeline in British Columbia, reports Globe and the Mail.

It would be ideal to co-ordinate pipeline projects, which would move natural gas from northeastern British Columbia to rival export sites on the northwest coast, BG chief executive Chris Finlayson said in an interview, reports Globe and the Mail.

The British firm has selected Ridley Island near Prince Rupert as the site for its proposed B.C. plant to export LNG. The Petronas-led Pacific NorthWest LNG project has targeted nearby Lelu Island for its export terminal and lined up TransCanada Corp. as the pipeline builder, the newspaper adds.

“We certainly view it as extremely advantageous to share infrastructure where that is possible between projects. And clearly we have a possibility of doing that on Ridley Island, and Lelu Island with the Petronas project there,” Finlayson was quoted by Globe and the Mail.

Having a shared gas pipeline instead of two competing lines would reap benefits for Petronas and the BG-led Prince Rupert LNG Ltd. project, Finlayson said.

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