Norway-based Fuelgarden LNG AS informed it has been granted an approval by Canada’s National Energy Board (NEB) to export LNG from Canada.
The Canadian LNG can be transported with LNG ISO containers or LNG tankers, and can be exported to both FTA and non-FTA countries.
The approval is the first given by NEB to a company outside of Canada and the US, Fuelgarden LNG said on Wednesday.
“As an independent LNG sourcing provider and a global LNG project developer we are very pleased to have been granted this LNG export approval by the Canadian energy authorities,” said Dag Lilletvedt, founder and CEO of Fuelgarden LNG. “HHP companies are constantly looking for ways to reduce their fuel bill. With this approval we now have the possibility to source price-competitive LNG also from Canada, and to bring this LNG to end-users with our flexible and cost-efficient distribution solutions“.
Fuelgarden LNG is globally active and is pursuing a strategy on being established in the main LNG markets, including North America, Europe and Asia Pacific. “North America, with its low natural gas prices and transparent market place, is an interesting market for us to be in”, added Mr Lilletvedt. “We are currently looking at various types of opportunities and co-operations in the Americas. This export approval gives us an additional opportunity, which we look forward exploring further“.