Shell, partners score Canada LNG license

Canada LNG: Shell, partners nab third export facility permit

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News Wires

 05 February 2013 00:36 GMT

Canada's National Energy Board on Monday approved a liquefied natural gas export license for Shell’s planned LNG export plant on British Columbia's Pacific Coast.

The regulator approved exports of up to 670 million tonnes of LNG over the 25-year period covered by the license, or 3.23 billion cubic feet of gas per day, Reuters reported.

The license was given to LNG Canada Development, a Shell-led consortium that includes Mitsubishi, PetroChina and Korea Gas Corp.

While a number of LNG plants have been proposed for the northern British Columbia coastline, the license is only the third given out by the Canadian energy regulator.

Kitimat LNG, co-owned by Apache and Chevron was granted a license in 2011 while privately owned…

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