NEB receives an application for long-term LNG import and natural gas export licences

abarrelfullabarrelfull wrote on 01 Feb 2013 12:58

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16 January 2008

The National Energy Board (NEB) has received an application from Repsol Energy Canada Ltd. (Repsol) for a licence authorizing the importation of liquefied natural gas (LNG) into Canada, and for a separate licence to export natural gas from Canada to the United States.

In its submission filed on 27 December 2007, Repsol applied for an import licence to supply the Canaport™ LNG Terminal which is currently under construction at Mispec Point near Saint John, New Brunswick. Once regasified, the natural gas will serve the domestic Canadian market and, pending approval, would also be available for export using the Emera Brunswick Pipeline to markets in the United States.

Repsol has requested 25 year terms for both licences to import up to 10,480,000 103m3 (370 Bcf) of LNG in its gaseous state per year and to export up to 28,320,000 103m3 (1 Bcf) of natural gas per day.

After the application has been reviewed for completeness, the NEB will issue a hearing order that will provide more information about its hearing process which may be written, oral or a combination of both. The hearing order will include important dates and will also detail the different levels of public participation.

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