NEB seeking comments on 40-year gas export licenses

NEB seeking comments on 40-year gas export licenses

National Energy Board of Canada informed it is seeking input on proposed regulatory amendments allowing for the issuance of natural gas export licences for a term not exceeding 40 years.

NEB’s amendments include a definition of “natural gas” and a new section within the regulations that would list the filing requirements for these new licences, as well as the terms and conditions that the board may impose on them, the regulator said in a statement.

The proposed amendments will not impact existing regulations governing licences for the exportation of gas, propane, butanes, ethane and oil for a term not exceeding 25 years.

NEB added that there will also be no change to existing regulations governing orders for the exportation of gas, ethane or heavy crude oil for a term not exceeding 2 years, or orders for the exportation of propane, butanes or oil other than heavy crude oil for a term not exceeding 1 year.

LNG World News Staff; Image: WesPac

Share this article

Follow LNG World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >