A joint venture led by Shell has been awarded an important permit to build a liquefied natural
gas (LNG) export facility near Kitimat, British Columbia, reports the Calgary Herald.
The joint venture, known as LNG Canada, satisfied the requirements of the B.C. Oil and Gas Commission governing the design, construction and operation of the proposed facility. The permit imposes some 30 conditions on the project, all of which are reportedly acceptable to the Shell JV, who continue to assess its economics and additional regulatory requirements. The firm also emphasizes the importance of First Nations support for and participation in the planned facility.
The project is one of several LNG proposals currently under review by jurisdictional authorities. The BC government has placed considerable emphasis on fostering the LNG industry in the province, which it says could contribute 100,000 jobs and $100 billion in revenue over 30 years.
To read the full article from the Calgary Herald click here.