LNG advances Canada project permitting
PERTH (miningweekly.com) – ASX-listed Liquefied Natural Gas (LNG) has received a permit to construct the proposed eight-million-tonne-a-year Bear Head project, in Nova Scotia, from the Utility and Review Board.
The company said on Monday that the final approval from the Nova Scotia Environmental Board was expected by the second quarter of this year.
LNG last year spent $11-million to acquire Bear Head from a subsidiary of Anadarko Petroleum Corporation. The project includes 225 acres comprising industrial-zoned land and deep-water acreage, as well as foundations for two 180 000 m3 LNG tanks for a proposed 11.3-million-tonne-a-year LNG import terminal.
LNG subsidiary MD and president Maurice Brand said that the project was making "excellent progress" with permits and approvals, with the objective that these would be completed by the end of June.
“We are continuing to make very good progress on gas supply to Bear Head, and are actively marketing the project with a number of LNG buyers,” he added.
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