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Shell JV Receives Canadian Federal Approval for BC LNG Export Terminal

The Vancouver Sun reports that Canada’s Natural Resources Minister Joe Oliver announced federal approval of a 25-year export license to LNG Canada Development Inc., a joint venture among Shell Canada Ltd., Korea Gas Corp., Mitsubishi Corp. and PetroChina
February 25, 2013

The Vancouver Sun reports that Canada’s Natural Resources Minister Joe Oliver announced federal approval of a 25-year export license to LNG Canada Development Inc., a joint venture among Shell Canada Ltd., Korea Gas Corp., Mitsubishi Corp. and PetroChina Co. Ltd. The export license is for up to 24 million tons per year from a proposed LNG terminal near Kitimat, British Columbia. The approval is a cabinet endorsement of the license granted to the company by the National Energy Board earlier this month.

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