Avnet Inc V.AVT

PROPOSED site for LNG plant at Grassy Point BC

[cohoe]

The reason I posted this blog is that Grassy Point is just around the corner from the Avanti Moly mine and one of the reasons for selecting this site is that IF the LNG plant is built at Grassy point, the LNG ships will have a direct run to Japan.
Back in 79/80 when the Moly Mine at Kitsault was working a deep sea ship loading dock was built at Kitsault harbour for the exporting of Moly ore to overseas customers.
Now,the future proposed route for the Kitsaultmolyore is going to be to truck the ore to Vancouver for export overseas.
A new bridge will have to be built over the Nass River financed by Avanti and using the roads from the Avanti mine to Vancouver in the Winter time would be a NIGHTMARE.IMO,it would be mutch safer and cheaper to truck the ore to Stewart or Prince Rupert for export.
If a LNG plant is built at Grassy point it is going to very interesting to see how the Nisga'a First Nations are going to handle the land and environmental issues,now that the BC Government has given Nexen the right to pursue long-term access to Crown land at Grassy Point . .

Proposed LNG facility and export terminal near Prince Rupert, British Columbia. detail map

Examining Options for LNG Facility and Export Terminal

Nexen has entered into an exclusive agreement to examine the potential for a liquefied natural gas (LNG) plant and export terminal at Grassy Point near Prince Rupert, British Columbia.

The agreement with the Government of British Columbia grants Nexen, as the operator, and our joint venture partners INPEX Corporation and JGC Corporation the right to pursue long-term access to Crown land at Grassy Point.

The potential development of a LNG facility and export terminal at Grassy Point is part of our long-term vision to deliver clean-burning natural gas from our abundant shale gas assets in northeast British Columbia to growing Asia-Pacific markets.

LNG export is a viable option for maximizing the value of Nexen's shale gas resource. Third-party evaluators have estimated that the natural gas assets Nexen and our joint venture partners share in the Horn River and Cordova basins hold up to 15 trillion cubic feet (tcf) of recoverable contingent resources, while the Liard lands are estimated to contain up to 23 tcf of prospective resources.