The Canadian government has approved a 40-year gas export licence for the Woodfibre LNG project, Jim Carr, Canada’s minister of natural resources, announced at the Canadian Embassy in China this week.
Woodfibre’s owner, Singapore-based Royal Golden Eagle Group, was previously awarded a 25-year licence by Canada’s regulator the National Energy Board in 2013 to export 2.1 mtpa of LNG.
Guangzhou Gas Group plans to convert a memorandum of understanding for 1 mtpa from Woodfibre into a sales-and-purchase agreement by the end of this year, the company’s deputy...
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