Canada's National Energy Board granted
liquefied natural gas export permits to four planned projects on the
country's Pacific coast.
The regulator gave permits to Petronas'
Pacific Northwest LNG project, along with a BG Group Plc's Prince Rupert
LNG project. The WCC LNG project backed by Exxon Mobil Corp and
Imperial Oil Ltd also received a 25-year license to export the fuel
along with a project proposed by the privately held Woodfibre Natural
Gas Ltd.
The approvals are the latest for the
nascent industry, following applications from other would-be projects
such as the Kitimat LNG plant planned by Chevron Corp and Apache Corp.
The projects are looking to take gas from Western Canada's massive shale
fields to high-paying Asian markets, though none have yet been approved
by their backers.
The regulator's decision is subject to the
approval of the Canadian government. Joe Oliver, Canada's natural
resources minister, said in a statement the Conservative government's
cabinet will now review the board approvals.
"The ... government supports energy
projects that will create jobs and generate economic growth in Canada
for future generations," the minister said. "Our government will only
allow energy projects to proceed if they are found to be safe for
Canadians after an independent, science-based environmental and
regulatory review."
With the new approvals, a total of seven
planned projects have been granted export licenses while three others
are still under review. The board has yet to deny an application for an
export permit.
Post to be found at:
http://www.maritime-executive.com/article/4-New-LNG-Export-Projects-Approved-in-Canada-2013-12-19/
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