Pacific Energy is an independent energy resources development company focused on meeting the increasing energy needs of the North American markets and emerging Asian economies. It develops, builds, owns and operates cost-competitive projects throughout the energy supply chain while maintaining its role as a responsible corporate citizen.

In the upstream sector, Pacific Energy’s activities are concentrated on the exploration and production of gas in Canada. Its midstream and downstream operations include a liquefied natural gas (LNG) receiving terminal and a combined cycle gas turbine (CCGT) power plant in China. For continued growth, it is in the process of developing gas-fired power plants & LNG receiving terminals in China, and an LNG export facility in Canada.

Pacific Energy’s current key assets are strategically located in China and Canada:

Canada

• Pacific Canbriam Energy
  • Annual capacity of 60,000 boe/d - In operation

• Woodfibre LNG Project
  • Annual capacity of 2.1 million tons - In development

China

Jiangsu Province:

• Rudong LNG Receiving Terminal
  • 10 million tons per year – In operation

• Wuxi CCGT Power Plant
  • 932 megawatts – Under construction

Fujian Province:

• Xiamen CCGT Power Plant
  • 780 megawatts - In operation

Guangdong Province:

• Yangjiang LNG Receiveing Terminal
  
  • Annual capacity of 2.8 million tons in development

In Canada, Pacific Energy's Woodfibre LNG Project is a natural gas liquefaction and export facility located at a former pulp mill site in Squamish, British Columbia, about 70 km northeast of Vancouver. The project has received approval from the Government of Canada to export LNG over a period of 40 years. The project has received environmental approvals from the provincial and federal governments as well as the local First Nation.