CALGARY, Alberta Feb 25 Canadian Natural
Resources Minister Joe Oliver on Monday gave the final needed
approvals to a liquefied natural gas export license for Royal
Dutch Shell Plc's planned LNG export plant on British
Columbia's Pacific Coast.
The approval, which was expected, allows exports of up to
670 million tonnes of LNG over the 25-year period covered by the
license, or 3.23 billion cubic feet of gas per day.
The license was given to LNG Canada Development Inc, a
Shell-led consortium that includes Mitsubishi Corp,
PetroChina and Korea Gas Corp.
While a number of LNG plants have been proposed for the
northern British Columbia coastline, the license is only the
third given out by Canada.
Kitimat LNG, co-owned by Apache Corp and Chevron Corp
was granted a license in 2011, while privately owned BC
LNG Export Cooperative received one early last year.