The port announced the agreement Tuesday with Pembina Pipeline Corp. of Calgary, Alberta.
The port said the $500 million terminal could go online in 2018 and handle 37,000 barrels a day of propane. Pembina said the propane is derived from natural gas.
The development is another instance of proposals to export fuels through the Northwest to Asia.
In a statement, port Executive Director Bill Wyatt said it has been choosy about such deals, “saying ‘no’ to coal and ‘not now’ to crude by rail.”
He called propane a “clean and safe alternative fuel” and Pembina an experienced company committed to safety.
MORE HBJ HEADLINES
Hotel industry supplier Electric Mirror to expand in Everett Facebook ready to test giant drone for Internet service Economy up 2.3%; 1st quarter revised higher Our finance industry has grown too large Procter & Gamble sales dip on softer volume Briefs: Port of Everett awards $15,000 to support tourism
Our new comment system is not supported in IE 7. Please upgrade your browser here.