ARCHIVED - NEB approves 25-year export licence to LNG Canada Development Inc.

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For immediate release
4 February 2013

NEB approves 25-year export licence to LNG Canada Development Inc.

CALGARY - Today, the National Energy Board (NEB or the Board) approved an application by LNG Canada Development Inc. (LNG Canada) for a licence to export liquefied natural gas (LNG) from a proposed terminal near Kitimat, British Columbia.

The export licence will authorize LNG Canada to export 670 million tonnes of LNG (approximately equivalent to 32.95 trillion cubic feet of natural gas) over a 25-year period. The maximum annual quantity allowed for export will be 24 million tonnes of LNG (approximately equivalent to 1.18 trillion cubic feet of natural gas). The daily equivalent of these exports is 3.23 billion cubic feet per day.

In approving the application, the Board satisfied itself that the quantity of gas to be exported does not exceed the surplus remaining after due allowance has been made for the reasonably foreseeable requirements for use in Canada, having regard to the trends in the discovery of gas in Canada.

The National Energy Board is an independent federal regulator of several parts of Canada's energy industry. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest.

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For further information:

Ruth Anne Beck
Communications Officer

National Energy Board
Telephone: 403-299-3633
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5503
Facsimile (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663

Related documents:

For a printed copy of the Reasons for Decision:

National Energy Board Library
Suite 210, 517 Tenth Avenue SW
Calgary, Alberta
T2R 0A8
E-mail: library@neb-one.gc.ca
Telephone: 403-299-3561
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5503
Facsimile (toll free): 1-877-288-8803
TTY (teletype): 1-800-632-1663

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