AltaGas DCLNG General Partner filed an application with the Canadian National Energy Board to export 365 Bcf of gas per annum over 25 years from a proposed floating LNG project near Kitimat, British Columbia.
The LNG project will be developed in two phases. The first phase will consist of floating liquefaction facilities with the capacity to receive 110 Mmcfd of gas.
In the second phase of the LNG project, the joint venture plans to increase the gas export capacity of the project up to 1 Bcfd.
The parties involved in the LNG project are: AltaGas, Idemitsu Kosan of Japan, Exmar of Belgium, and French company EDF Trading.
A final investment decision with respect to the first phase is expected by the end of 2015 with first deliveries of LNG to start in 2018.
LNG World News Staff; Image: LNG Partners