The Canadian Government Issues Four Long-term LNG Export Licenses

The Canadian Government Issues Four Long-term LNG Export Licenses

The best immigration information on the Canadian government's issuance of four long-term LNG export licenses is available on the Worldway Investment Immigration official website.

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     Follow Canadian Immigration to stay updated on the Canadian economy: On March 26, the Canadian government announced that it has issued four long-term liquefied natural gas (LNG) export licenses, permitting the export of natural gas from planned LNG projects on the country's west coast.

 

The Canadian Government Issues Four Long-term LNG Export Licenses

 

The four LNG export licenses approved by the Canadian National Energy Board have been granted to ExxonMobil, BG Group, and the Malaysian state-owned energy company Petronas for Pacific coast LNG export projects. However, as of now, none of these four projects have begun construction, nor have they received formal approvals from the proponents. The Canadian government stated that these four licenses will allow for the export of up to 73.38 million tons of LNG per year.

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