Bear Head LNG Export Plant: Bad News & Good News

Bear Paw Pipeline mapFor some time now we’ve been tracking progress with an LNG export plant planned for the eastern shore of Nova Scotia, the Bear Head LNG project. Of all the Canadian LNG export projects that will export Marcellus gas, Bear Head seems to have the most momentum. The project has received most (if not all) of the necessary permits it needs to proceed. The most recent regulatory hurdle was a greenhouse gas approval from Nova Scotia, issued in July (see Bear Head LNG Gets GHG Plan Approval from Nova Scotia). However, there are a few troubling signs. The already-small parent company, LNG Limited, laid off 13 workers in July (see Bear Head LNG Parent Lays off 13 People, “LNG…difficult market”). We have two updates for you. Another key player has left LNG Limited–the founder of the company. That’s the bad news. The good news is that a new 62.5 kilometer (~39 mile) pipeline has been approved to connect Bear Head LNG to the Maritimes and Northeast Pipeline–the pipeline that will carry Marcellus gas from south to north, once the pipeline reverses its flow. So today it’s a bad news/good news day for Bear Head…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment