Canadian energy firm Veresen has confirmed a new $860 million gas plant has been given the green light in British Columbia.
The Cutbank Ridge Partnership (CRP), a partnership between Encana and Mitsubishi, has sanctioned the 400 million cubic feet per day Sunrise gas plant, to be located in the Montney region near Dawson Creek in north eastern British Columbia.
The facility is expected to be in-service in late 2017. Veresen said it has invested approximately $130 million to date.
Chief executive David Fitzpatrick, said: “This is the largest gas plant to be commissioned in western Canada in the last 30 years and we are excited to partner with CRP on this facility.”
“Upon start-up of the Sunrise plant, Veresen Midstream’s footprint in the Montney will grow substantially, and we look forward to continuing to work with Encana and CRP, as well as other producers in the region, to unlock the value of this important resource play.”
Veresen anticipates CRP will proceed to a final investment decision for the 200 mmcf/d Tower gas plant in late 2015.