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Spectra Plans new Natural Gas Processing Plant West of Dawson Creek

By 250 News

Saturday, June 12, 2010 05:39 AM

Spectra Energy has announced  plans to build a new 200 million cubic feet per day (mmcf/d) natural gas processing plant west of Dawson Creek. 
 “The new plant is an important part of our growth strategy and our now about $1.5 billion investment opportunity in northeast British Columbia,” said Doug Bloom, president, Spectra Energy Transmission West. “The new plant capacity is fully contracted, further extends our asset base in the rapidly growing Montney natural gas play and will be integrated with our existing natural gas gathering and processing facilities in the area,” said Bloom.
The proposed Dawson Processing Plant will be built in two phases with the first 100 mmcf/d of processing capacity available late next year and the remaining capacity available in early 2013. 
Construction of these facilities is subject to all customary regulatory and other approvals.
In March of this year, the  National Energy Board approved construction of  a  250-MMcfd Fort Nelson gas processing plant 75 km northeast of Fort Nelson.  That plant will serve increased shale gas production from the Horn River basin.

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Comments

Good news. Hopefully will benefit PG.
i highly doubt prices will get better