Steelhead LNG gets approval for exports

Canada

VANCOUVER, October 2, 2015 – Canada’s National Energy Board (NEB) has approved local energy company Steelhead LNG’s exports proposals, the company announced via Friday press release.

Steelhead was granted five licences by the NEB to export about 6 million tonnes per year of LNG over the next 25 years near Vancouver, British Columbia. One licence is for the proposed Malahat floating terminal, and the other four grant exports permissions to a proposed LNG plant in Sarita Bay. The plans still need regulatory approval from the provincial government.

A month ago, Steelhead negotiated deals with the Malahat First Nations people for the gas exports terminal, and with US pipeline company Williams, to construct both the plant and the pipeline. The feedstock for the exports terminal would come from northeastern British Columbia and Alberta. First LNG exports are expected after 2021.

Photo courtesy of Steelhead LNG

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