When we look at natural gas liquids, propane and butane, we think there’s an opportunity for Canada via Prince Rupert becoming the trading benchmark for the Asia-Pacific region. ” “
The Port of Prince Rupert on the north coast of British Columbia. Photo courtesy Prince Rupert Port Authority
T ucked into the north coast of B.C. is the deepest natural harbour in North America and the port with the shortest travel times to Asia. With growing capacity for exports including agricultural products, lumber, plastic pellets, propane and butane, it’s no wonder the Port of Prince Rupert often comes up as a potential new global gateway for oil from Alberta, said CEO Shaun Stevenson. Thanks to its location and natural advantages, the port can efficiently move a wide range of commodities, he said. That could include oil, if not for the federal tanker ban in northern B.C.’s coastal waters. “Notwithstanding the moratorium that was put in place, when you look at the attributes of the Port of Prince Rupert, there’s arguably no safer place in Canada to do it,” Stevenson said. “I think that speaks to the need to build trust and confidence that it can be done safely, with protection of environmental
risks. You can’t talk about the economic opportunity before you address safety and environmental protection.”
“We’ve got wide open, very simple shipping lanes. It’s not moving through complex navigational channels into the site,” Stevenson said.
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SAFE TRANSIT AT PRINCE RUPERT
A PORT ON THE RISE The Prince Rupert Port Authority says it has entered a new era of expansion, strengthening Canada’s economic security. The port estimates it anchors about $60 billion of Canada’s annual global trade today. Even without adding oil exports, Stevenson said that figure could grow to $100 billion. “We need better access to the huge and growing Asian market,” said Heather Exner- Pirot, director of energy, natural resources, and environment at the Macdonald-Laurier Institute. “Prince Rupert seems purpose-built for that.” Roughly $3 billion in new infrastructure
About a 16-hour drive from Vancouver, the Port of Prince Rupert’s terminals are one to two sailing days closer to Asia than other West Coast ports. The entrance to the inner harbour is wider than the length of three Canadian football fields. The water is 35 metres deep — about the height of a 10-storey building — compared to 22 metres at Los Angeles and 16 metres at Seattle. Shipmasters spend two hours navigating into the port with local pilot guides, compared to four hours at Vancouver and eight at Seattle.
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