Canada’s National Energy Board (NEB) has granted Bear Head LNG, a unit of LNG Limited, an authorization to export liquefied natural gas from Bear Head LNG’s project site on the Strait of Canso in Nova Scotia.
The NEB licencing decision approves Bear Head LNG’s application for authority to export up to 8 million tonnes per annum (mtpa) of LNG from Canada starting in 2019 with expanded authority to increase production to 12 mtpa in 2024.
The export licence extends for a period of 25 years from the date of first LNG export.
Bear Head was also granted a licence to import 800 million cubic feet per day of natural gas from the U.S., an amount adequate to produce the authorized annual LNG exports, LNG Limited said in a statement issued on Monday.
As with all other LNG projects, the NEB’s export licence decisions are subject to approval by Canada’s Governor in Council.
In July 2015, the U.S. Department of Energy granted Bear Head LNG export authorization to free trade agreement countries.
Bear Head also recently received the last of 10 initial Canadian federal, provincial and local regulatory approvals needed to construct the proposed facility.
LNG World News Staff; Image: LNG Limited