VANCOUVER Nov 29 CNOOC Ltd, China's
top offshore oil explorer, applied to Canadian energy regulators
on Friday for permission to export liquefied natural gas (LNG)
from a proposed terminal along Canada's West Coast.
The application to the National Energy Board (NEB) comes
just two weeks after the Chinese company reached a land deal
with British Columbia for a property at Grassy Point, a nub of
land just 10 miles south of the Alaska border.
CNOOC and its Japanese partners, Inpex Corp and JGC
Corp, plan to build a massive liquefaction and export
facility there to ship gas from CNOOC's shale gas properties in
Western Canada to energy hungry markets in Asia.
They have asked permission to export up to 24 million tonnes
of LNG over a 25-year period from the proposed facility, known
as the Aurora LNG project.
British Columbia has been promoting LNG developments in
hopes the industry will bring in billions in tax revenues and
create tens of thousands of jobs, prompting major energy
companies to start work on terminals for the Pacific coast.
The NEB has already approved three export licenses and is
currently reviewing five others, in addition to the CNOOC
CNOOC acquired its shale gas holdings in the province as
part of its controversial $15.1 billion takeover of Nexen, one
of Canada's largest oil producers.