Prince Rupert corridor unlocks market access

The Prince Rupert Authority has announced the completion of the Port of Prince Rupert’s CAN$90 million road, rail and utility corridor (RRUC).

The completion of this project will unlock new terminal developments and market access for Canadian exporters, boosting Canada’s trade capacity with markets in the Asia-Pacific region.

Project funding

The project was funded by the government of Canada (CAN$15 million), the government of British Columbia (CAN$15 million), CN (CAN$30 million), Canpotex (CAN$15 million), and the Prince Rupert Port Authority.

The completed RRUC was constructed over a two-year period with the contracted expertise of two local joint ventures, and supports multiple new large-scale terminal developments.

LNG exports

The project includes the construction of five parallel rail tracks, a two-lane roadway, and a port-owned power distribution system. This shared-use infrastructure defines a long-term port development plan for Canadian export terminals that will provide the capacity to ship potash, LNG and other products to international markets.

Commenting on the completion of the project, Don Krusel, President and CEO of the Prince Rupert Port Authority, said: “The success of this project exemplifies what can be accomplished when a strategic, long-term vision is executed by a partnership of public and private investment. The RRUC will expand the diversity of Prince Rupert’s growing port complex and further link Western Canada to a world of opportunity.”

Transportation corridors

British Columbia’s Transportation and Infrastructure, Todd Stone, added: “This project is symbolic of British Columbia’s leading role in developing new transportation corridors and relationships between Canada and the world’s fastest growing economies of Asia Pacific.”

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/20052015/prince-rupert-expands-lng-market-access-797/