Kitsault Energy Proposes a Dedicated Energy Corridor and Energy Export Terminal Near Kitsault, British Columbia, Canada

VANCOUVER, Canada--(BUSINESS WIRE)--Kitsault is located 800 km (500 miles) north of Vancouver, British Columbia and 115 km (75 miles) north of Prince Rupert, British Columbia, Canada. It is a purpose-built resource community with complete community infrastructure and housing for nearly 1,000 residents. With nearly 350 acres of industrial and residential land, full B.C. Hydro service, and deep water for a port, Kitsault makes both economic and environmental sense as the preferred location to be the Liquefied Natural Gas (LNG) terminal site for the export of natural gas from northeast British Columbia to Asia and other markets. Natural Gas pipeline routing to Kitsault has already been proposed by others.

All interested parties are welcome to join Kitsault Energy (KE) for further discussion at The Canadian LNG Exports Multi-Stakeholder Conference in Vancouver at which Krishnan Suthanthiran, President of Kitsault Energy, will be speaking on June 19, 2014. Kitsault Energy’s members are very excited and optimistic about the future of British Columbia’s LNG exports and are proactively supporting companies and their staff to facilitate the rapid development of the LNG industry to serve the local and export markets. Kitsault Energy is offering necessary infrastructure facilities, housing, recreational facilities, and utilities to assist B.C. northwest LNG projects.

Kitsault offers many advantages as a dedicated energy corridor, based on the following:

1. Kitsault is the closest location to the natural gas rich northeast British Columbia, Canada and northwest Alberta, Canada to establish a Dedicated Energy Corridor and Export Terminal.
2. It has the infrastructure with 90 houses (three bedroom with basement) and 150 condos (2 & 3 bedrooms) to house nearly 1000 residents, along with the necessary recreation center, medical clinic, shopping center, post office, bank, restaurants, supermarket, etc. ready to occupy.
3. It has full British Columbia Hydro Power service to the entire town site.
4. It can be accessed by road, multiple airports, water, helicopters, float planes, water taxi, etc.
5. It has a deep salt water waterway for navigation of tankers, barges, ships, etc.
6. Sufficient land for FLNG, land based LNG, port, export terminal, and other infrastructure.
7. It will save two to three years in project planning and in the construction of pipelines and other facilities.
8. A project using Kitsault can save as much as 5 billion dollars from the total cost of the project.
9. The pipeline can be shorter by 100 to 200 kilometers, and savings on this alone can be 1 to 3 billion dollars in cost and 1 or more years of time.
10. Kitsault is a privately owned Fee Simple Property with 350 acres of land. Additionally, many thousands of acres of land are available if needed.
11. Kitsault is located in the Regional District and not a Municipality. Therefore, industrial and other taxes will be lower with potential savings of hundreds of million dollars or more per year in taxes alone.
12. Kitsault used to be a molybdenum (used for strengthening steel) mine, and as a result, extensive environmental assessment has been performed for the site itself as recently as 2012.
13. The pipeline from northeast B.C. to Kitsault will primarily be along less populated Crown Land and some First Nation’s land with little variation in elevation, and therefore causing the least environmental impact.
14. From Kitsault’s Export Terminal, the tankers, barges and ships can enter the ocean quickly without experiencing any congestion from navigation related to other traffic such as containers or grain loading and unloading as in other ports.
15. Asia will be able to rely for their energy needs on supplies from the privately owned Kitsault Energy and join as an equity partner to have a long term contract with a stable and reliable supply at reasonable prices from Canada - a strong, vibrant and democratic country.
16. The Dedicated Energy Corridor and Export Energy Terminal at Kitsault will have a tremendous future for other expansion plans benefitting British Columbia, all of Canada, and Asia.
17. Investments will be made for First Nations communities for purified drinking water, sewer systems, healthcare, education, job training, jobs, and housing. Kitsault Energy alongside Best Global Talent Agency and Best Cure Foundation are eager to participate proactively in partnership with First Nations.

Kitsault Energy’s multiphase energy project at Kitsault, B.C., Canada (ranging from 10 billion dollars to 30 billion dollars) will include Phase 1, a pipeline (48” diameter) from northeast British Columbia, Canada to Kitsault, B.C., a Floating LNG (FLNG) and Port Facility. Multistage Phase 1 will allow for KE with its partners to export as much as 20 million tons or more of natural gas per year in 5 million ton increments. Phase 2 will include other expansions in the future.

Kitsault Energy is currently in serious discussions with global partners for this project. Additionally, Kitsault Energy is seeking cost estimates for the construction of the pipeline, port, terminal and FLNG ships.

Oil and Gas industries in Canada are likely to spend nearly 10 billion dollars per month over the next two decades in oil and gas exploration, infrastructure, production and distribution. In view of this, Best Global Talent Agency was established recently to meet the growing needs of various industries for a highly trained and skilled labor force, and to provide training to First Nations Communities and others for these high paying jobs. Best Cure Foundation was established in 2007 to make quality healthcare and education affordable and accessible to all.

Kitsault Energy respectfully requests the Right Honourable Stephen Harper, the Prime Minister of Canada, the Honourable Christy Clark, the B.C. Premier and other Provincial Premiers, First Nations Communities, energy producers, and other political party leaders work together in making the necessary investments and providing the regulatory approvals, land easement and use needed to build these infrastructures. Such investments will create many thousands of high paying jobs for all Canadians and First Nations Aboriginals.

For more information, please visit:
www.kitsaultenergy.com

For more information about Krish Suthanthiran, please visit:
www.kitsaultenergy.com/president.html