Bear Head LNG Corporation Inc. (Bear Head LNG) is pleased to announce it has received Nova Scotia Environment’s (NSE) approval for its Greenhouse Gas (GHG) Management Plan for its liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia.
The GHG Management Plan provides Bear Head LNG’s strategy for managing GHG emissions through technology selection, design of the facility, and operations.
“Approval of Bear Head LNG’s GHG Management Plan is welcome news,” said Greg Vesey, Managing Director and CEO of LNGL and President of Bear Head LNG. “Bear Head LNG is designing a best-in-class LNG facility, utilizing state of the art technology. Nova Scotia Environment’s approval of Bear Head LNG’s emissions management system is an endorsement of LNGL’s optimized single mixed refrigerant (OSMR®) liquefaction technology, as one of the lowest emitters of GHG for LNG liquefaction projects. We are confident that our proprietary technology will meet the new GHG performance standards that have been proposed by NSE.”
Bear Head’s parent company, Liquefied Natural Gas Limited (LNGL), owns the OSMR® technology, which is patented in 16 countries/jurisdictions including Canada and the United States. OSMR® technology provides a considerably more efficient design arrangement that generates lower emissions and improved project economics.
About Bear Head LNG Corporation Inc.Bear Head LNG is wholly owned by Liquefied Natural Gas Limited. Bear Head LNG proposes to develop a liquefied natural gas export facility on the Strait of Canso, Nova Scotia, Canada. All required initial permits are now in place for Bear Head LNG to construct the LNG export facility. Canada’s National Energy Board and the U.S. Department of Energy have granted export licenses for the facility. LNG produced at the facility will be transported by LNG vessels to overseas markets.
ABOUT LIQUEFIED NATURAL GAS LIMITEDLNGL is an ASX listed company (Code: LNG and OTC ADR: LNGLY) whose portfolio consists of 100% ownership of the following companies:
• Magnolia, a US‐based subsidiary, which is developing an 8 mtpa or greater LNG export terminal, in the Port of Lake Charles, Louisiana, USA;
• Bear Head LNG Corporation Inc. (Bear Head LNG), a Canadian based subsidiary, which is developing an 8 mtpa or greater LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;
• Bear Paw Pipeline Corporation Inc. (Bear Paw), proposing to construct and operate a 62.5 km gas pipeline lateral to connect gas supply to Bear Head LNG;
• Gladstone LNG Pty Ltd, a subsidiary which plans to develop the 3.5 mtpa Fisherman’s Landing LNG (FLLNG) Project at the Port of Gladstone in Queensland, Australia; and
• LNG Technology Pty Ltd, a subsidiary which owns and develops the Company’s OSMR® LNG liquefaction process, a mid-scale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG projects.
For more information, please visit :
http://www.lnglimited.com.auFor additional information on this project, please visit our Projects OGP database
