Liquefied Natural Gas Ltd (LNG Ltd) has announced that the US Department of Energy (DOE) has issued final authorisation for Bear Head LNG Corp. and Bear Head LNG (USA) LLC to export LNG to countries that do not have free trade agreements (FTA) with the US.
This approval follows the DOE’s prior to decision to grant Bear Head LNG permission to export LNG to countries that do hold FTAs with the US.
Bear Head LNG is the first and only proposed Canadian LNG export facility to receive both the non-FTA authority from the DOE and all of the initial regulatory approvals to commence project construction.
Maurice Brand, Bear Head LNG President, said: "Today's DOE decision is an extremely positive milestone for Bear Head LNG as it removes a significant risk for the project. Bear Head LNG is appreciative of the cooperation between the US and Canada in working out key energy regulatory issues."
The DOE also determined that Bear Head LNG does not require its authorisation for Canadian natural gas to pass through US pipelines (in transit) on its way to the LNG export facility, which is located on Nova Scotia's Strait of Canso near Port Hawkesbury. on a site permitted and partially developed a decade ago.
Brand added: "Bear Head is negotiating for gas supplies from Western and Central Canada, from offshore Nova Scotia, and from the abundant supplies available in the US. With [the] DOE's non-FTA export approval, we are able to continue forward on US gas production as the third leg of our gas supply portfolio."
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/08022016/bear-head-lng-receives-non-fta-export-approval-1971/