Canada’s National Energy Board informed it has approved the application of Quicksilver Resources for a 25-year natural gas export licence with a maximum term quantity of 733 billion cubic metres.
When evaluating natural gas and LNG export licence applications, the NEB considers if the quantity of gas proposed to be exported is surplus to Canadian requirements, taking into account trends in the discovery of gas in Canada, stands in NEB’s statement.
Following the evaluation, NEB has determined that the quantity of gas proposed to be exported by Quicksilver is surplus to Canadian needs.
Quicksilver’s Discovery LNG project is to be located on the north side of Campbell River, British Columbia on a remediated industrial site formerly occupied by the Catalyst Paper Mill. The project is planned to convert natural gas from Northeastern British Columbia into LNG for export to Pacific Rim markets in Asia. The proposed 20 MTPA project is expected to start operation in 2021.
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LNG World News Staff; Image: Discovery LNG