Steelhead LNG says its export licences have been approved – just weeks after the company and a First Nation announced a proposed liquefied natural gas project north of Victoria.
Steelhead says the National Energy Board has approved a 25-year licence for the annual export of up to six million tonnes of LNG from a proposed floating liquefaction and export terminal in Saanich Inlet.
The Vancouver-based company says the board has approved four other 25-year licences to export LNG from a project that is still in the exploration stage with a First Nation southwest of Port Alberni.