STEELHEAD LNG EXPORT LICENCES FOR MALAHAT LNG AND PROPOSED PROJECT AT SARITA BAY APPROVED BY NATIONAL ENERGY BOARD

VANCOUVER, BC (October 2, 2015) – The National Energy Board (NEB) has approved Steelhead LNG’s applications for five licences to export in the aggregate up to 30 million tonnes of liquefied natural gas (LNG) per year for 25 years from its two proposed LNG projects on Vancouver Island. The NEB decision is subject to approval of the Governor in Council.

One licence to export up to 6 million tonnes of LNG for 25 years is allocated to Malahat LNG, the proposed floating liquefaction and export LNG terminal adjacent to Malahat Nation land, eight kilometres south of Mill Bay, B.C. The other four licences, to export in the aggregate up to 24 million tonnes of LNG per year for 25 years, are allocated to the proposed LNG project Steelhead LNG is exploring with the Huu-ay-aht First Nations on Huu-ay-aht land at Sarita Bay, 75 km southwest of Port Alberni on the west coast of Vancouver Island. Continue reading

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