Financial gain: Saudi Arabia's banking transformation is delivering a wealth of benefits, to the Kingdom and beyond    Four given jail terms for Amsterdam violence against football fans    South Korea becomes 'super-aged' society, new data shows    Trump criticizes Biden for commuting death sentences    Russian ballistic missile attack hits Kryvyi Rih on Christmas Eve    Blake Lively's claims put spotlight on 'hostile' Hollywood tactics    Saudi Ambassador to Ukraine presents credentials to President Zelenskyy    Cabinet underscores Saudi Arabia's significant progress in all fields    Viewing and printing vehicle data is now possible through Absher    Saudi Awwal Bank inaugurates Prince Faisal bin Mishaal Centre for Native Plant Conservation and Propagation in partnership with Environmental Awareness Society    Individual investment portfolios in Saudi stock market grows 12% to 12.7 million during 3Q 2024    Five things everyone should know about smoking    Saudi Arabia starts Gulf Cup 26 campaign with a disappointing loss to Bahrain    Gulf Cup: Hervé Renard calls for Saudi players to show pride    Oman optimistic about Al-Yahyaei's return for crucial Gulf Cup clash with Qatar    Qatar coach Garcia promises surprises as they seek first Gulf Cup 26 win    Abdullah Kamel unveils plans to launch halal certificate similar to ISO Value of global halal market exceeds $2 trillion    Emir of Madinah launches first phase of Madinah Gate project worth SR600 million    Do cigarettes belong in a museum    Marianne Jean-Baptiste on Oscars buzz for playing 'difficult' woman    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Canada to export LNG to Asian markets
Published in Saudi Press Agency on 17 - 02 - 2012

Canadian authorities said they approved an application from an energy company for a license to export liquefied natural gas to Asian markets, UPI reported.
Canada's National Energy Board said it backed plans submitted by BC LNG Export Cooperative to ship LNG from a port in Kitimat, British Columbia, primarily to Asian markets. The export license is for the equivalent of 84 billion cubic feet of natural gas per year for a 20-year period.
"In approving BC LNG's application, the board satisfied itself that the quantity of gas to be exported is in excess of the requirements to meet the foreseeable Canadian demand," the NEB said in a statement.
"The board also determined that the volumes of natural gas proposed to be exported are not likely to cause Canadians difficulty in meeting their energy requirements at fair market prices."
The independent NEB said there would be a particular economic benefit for regional members of the First Nations Haisla Nation.
Canadian authorities had said they would look to Asian markets for export of their natural resources. This came in part from the decision by the U.S. government to postpone a license for the planned Keystone XL oil pipeline, which would carry crude oil from tar sands projects in Alberta to refineries along the southern U.S. coast.


Clic here to read the story from its source.