TORONTO: Canada’s National Energy Board has approved an application filed by Saint John LNG Development Company for a 25-year license to export LNG from New Brunswick in eastern Canada, an agency spokeswoman said.
The permit will allow the developer to build an LNG export terminal near Saint John with capacity of about 5.8 million mt/year, NEB’s Katherine Murphy said.
A permit has also been granted to the company to import nearly 900,000 Mcf/d of gas from the US via the Spectra Energy-operated Maritime and Northeast Pipeline, she said.
The point of gas imports will be St Stephen, which is located on the Canada-US border, Murphy said.
Saint John LNG Development Company, which is 100% owned by Spain’s Repsol, filed the NEB application in February 2015, she said, noting the company has not yet indicated a timeline for LNG exports to start.
No comment was immediately available from Repsol, but the company said in its February application to the NEB that the development of abundant shale gas resources in the US Northeast had resulted in significant regional production that could be exported to global markets.
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