The Cancellation Of PNW LNG Was A Serious SetbackBut the Prince Rupert Gas Transmission pipeline is somewhat independent and might not die along with PNW LNG. Initially there were 5 LNG players for Prince Rupert, ignoring the Kitimat proposals:
1. Petronas PNW LNG
2. Shell (Formerly Western Canada LNG)
3. Aurora (Nexen)
4. Imperial Oil / Exxon Mobil
5. Kisault Energy
But there are only 2 transmission lines that have had any significant work done on them:
1. Prince Rupert Gas Transmission
2. Spectra Energy Pipeline
With Shell and Petronas out of the game, I seems to me that the 2 pipeline routes might be desireable assets for the remaining players. And the Prince Rupert Gas Transmission line is owned by Transcananda Piplelines and has had $500M spent on it to date. This amount will be reimbursed by Petronas, as the result of cancelling their Lelu Island project.