By CHESTER DAWSON
CALGARY -- British energy company BG Group has applied with
Canadian authorities for a license to export liquefied natural
gas, part of a plan to leverage abundant supplies of North
American gas by shipping it to markets overseas where demand
for LNG is high, according to people familiar with the
BG, one of the world's leading suppliers of LNG, submitted
its application for a multi-year license to Canada's National
Energy Board on Monday, said two people familiar with the
A spokesman for the NEB wasn't immediately available for
The move, which could make it the fourth project to be granted permission
from the NEB, comes as BG mulls whether to commit to a
multi-billion dollar investment. Its planned facility is one of
a dozen different proposals for new LNG plants on the remote
and largely undeveloped coast of British Columbia.
Last month, the company filed plans with the Canadian Environmental Assessment Agency
outlining the scope of the project and its likely impact on the
surrounding area. Known as Prince Rupert LNG, the proposal
calls for the first two of three planned liquefaction "trains"
capable of processing 3.3 billion cubic feet/day of gas to
start up by 2021.
Construction may start as early as
2016 at a site on Ridley Island near the small coastal city of
Prince Rupert in British Columbia, BG has said.
Three similar Western Canadian projects already have the
permits. A proposal backed by Apache and Chevron received the
first LNG export license from the NEB in 2011. Since then, two
others have been granted permission to export including, most
recently, to a projected led by Royal Dutch Shell
in February. None have reached a final investment decisions to
Dow Jones Newswires