Liquefied Natural Gas Limited said the U.S. Department of Energy granted Bear Head LNG authorization to export up to 440 billion cubic feet per year of U.S. natural gas to Canada, and up to eight million tonnes per annum of liquefied natural gas from Canada to free trade agreement countries.
Bear Head LNG anticipates a decision in the near future on its application for DOE authorization to export LNG to non-FTA countries, the company said in a statement.
John Godbold, Bear Head Project Director noted that Bear Head LNG is the first proposed Canadian LNG export facility to be recognized by the U.S. Federal Energy Regulatory Commission as an “Approved” Canadian LNG export project.
Bear Head LNG has also applied to Canada’s National Energy Board for authority to import natural gas from the U.S. and export up to 8 mtpa of LNG in 2019 from Canada, with expanded authority to 12 mtpa in 2024. Bear Head LNG expects these authorizations in the near future.
Bear Head LNG has applied to the DOE for authority to import for subsequent export up to 250 Bcf per year of Canadian natural gas by pipeline that is “in transit” through the U.S., back into Canada for delivery to Bear Head LNG’s proposed liquefied natural gas export facility. This authorization would allow a portion of the Bear Head LNG’s natural gas requirements to come from sources in Western and Central Canada, enhancing commercial supply options.
Bear Head LNG President Maurice Brand said that the final investment decision for the Bear Head LNG is expected during 2016.
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Image: LNG Limited