The National Energy Board (NEB) of Canada has approved two applications for 25 year natural gas export licences. A licence was approved for Aurora LNG to export liquefied natural gas (LNG), for a maximum term amount of 850 bcm (34 bcm/year over 25 years, i.e. more than 25 Mt/year). The export point would be in the vicinity of Prince Rupert, British Columbia at the outlet of the loading arm of a proposed liquefaction terminal. The Aurora LNG project is developed by Nexen (CNOOC, with 42.6%), Inpex (45%) and JGC (12.4%). It has applied for an export licence for up to 25.6 Mt/year. The project would be developed in 2 phases of 12 Mt/year each (2 x 6 Mt/year train). Commissioning is not expected before 2021-2023.
A second licence was also approved for Oregon LNG to export natural gas for a maximum term amount of 375 bcm over 25 years, i.e. 15 bcm/year or 11.1 Mt/year. The export point would be in the vicinity of Kingsgate and Huntingdon, British Columbia via existing natural gas pipelines. The 10 Mt/year liquefaction project is located in Oregon (United States) but will source gas from Canada. Construction is expected to start in 2015 with completion in early 2019.
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.