Canada’s National Energy Board (NEB) has approved Orca LNG Ltd’s application for a 25 year natural gas export licence with a maximum term quantity of 901 billion m3. The issuance of this licence is subject to the approval of the Governor in Council.
On granting the licence, the NEB determined that the quantity of gas proposed to be exported by Orca LNG is surplus to Canadian needs. A statement on the NEB’s website said: “The NEB is satisfied that Canada’s gas resource base, and the overall gas resource base in North America, is large and can accommodate reasonably foreseeable Canadian demand. This demand would include the LNG exports proposed by Orca LNG as well as a plausible potential increase in Canadian demand.”
The approved export point is at the outlet of the loading arm of the liquefaction terminal, which is to be located in the vicinity of Prince Rupert, British Columbia, Canada.
Edited from various sources by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/28072015/orca-lng-receives-neb-approval-1073/