H-Energy in News

H-Energy’s AC LNG project secures NEB approval

December 31, 2015

An Asian plan to open an Atlantic Coast liquefied natural gas (LNG) tanker terminal for U.S. and Canadian production advanced Wednesday, when the National Energy Board(NEB) granted the project a 25-year import/export license. The NEB authorized AC LNG Inc. a license to import up to 2.3 Bcf/d from the United States and to export up to 2 Bcf/d from a proposed terminal in Nova Scotia (NS). AC is a Halifax subsidiary of Hiranandani Group of Mumbai, India.
The permit would allow the terminal to deal in a variable blend of U.S. and Canadian gas that would become available when Spectra Energy reverses the flow on Maritimes & Northeast Pipeline (M&NE) to northbound from southbound, AC told the NEB. “Ultimately New Brunswick and Nova Scotia will import gas from the United States with the gas flowing over [M&NE] irrespective of the [LNG] project,” AC stated.
An open season of flow reversal delivery service has been held, but no date for the change has been announced. AC earlier this year submitted an application to the NEB to import gas from the United States into Eastern Canada and then export it from a facility in Middle Melford, NS. The application sought to export up to 15.5 million metric tons (mmt) a year of LNG. At full build-out the facility as envisioned would include two marine jetties and LNG loading facilities.
No dates have been set for starting the forecast overhaul of the Atlantic Canadian gas trade, construction of AC’s proposed terminal, conversion of Canaport into an export outlet, or full reversal of M&NE. The LNG projects have also not yet identified gas sources or overseas customers.