(P&GJ) — Trigon Pacific Terminals has announced a final investment decision (FID) on a $750 million open-access liquefied petroleum gas (LPG) export facility in Prince Rupert, British Columbia. The terminal will have a capacity of 2.5 million metric tons per year and is expected to begin operations by late 2029, pending regulatory approval.

The new terminal aims to ease export bottlenecks for Canadian energy producers and increase access to markets in Asia. Trigon says critical infrastructure — including rail access and berth loading facilities — is already in place, helping streamline construction.

“This FID is a pivotal moment for Trigon and for Canada’s energy sector, creating new pathways for Canadian LPG to reach international markets, and driving economic growth, resiliency and opportunity for Canadians,” said Rob Booker, CEO of Trigon. “We’ve come to the table with investment dollars and now we need the federal government to expedite this shovel-ready project that is clearly in the national interest.”

The project has support from the Lax Kw’alaams and Metlakatla First Nations, both equity partners in Trigon. Their leaders emphasized the importance of Indigenous participation in long-term development efforts.

“This is about bringing long-term benefits to our people, our land, and future generations,” said Garry Reece, Chief Councillor of the Lax Kw’alaams Band. “It reflects what’s possible when communities and Nations are true partners.”

Support has also come from Alberta’s government. “This is great news for Canada and Alberta,” said Brian Jean, Alberta Minister of Energy and Minerals. “This new Indigenous-backed facility will play a major role in the long-term success of these partnerships and in promoting Indigenous economic reconciliation.”

The facility aligns with federal criteria for projects of national interest and aims to meet increasing demand from international markets. Trigon reports strong interest from buyers in Japan, South Korea, and India.

“Japan has been increasing LPG import from Canada, achieving stable import volume of two million tonnes in 2024. We welcome the expansion of competitive LPG exports from Canada,” said Jumpei Yamamoto, Executive Officer of Astomos Energy Corporation.

Trigon plans to continue consultations with Indigenous communities and the broader public as development proceeds. Long-lead procurement and integration planning are underway.

Trigon Pacific Terminals is a privately owned bulk export terminal at the Port of Prince Rupert, with equity held by the Lax Kw’alaams and Metlakatla First Nations. The terminal connects Western Canadian producers with Asia-Pacific customers through energy and commodity trade.