Bear Head LNG receives permit to construct LNG project

Liquefied Natural Gas Ltd.’s (ASX: LNG; OTC ADR: LNGLY) wholly owned subsidiary, Bear Head LNG Corp., has received a permit to construct its proposed 8-mtpa liquefied natural gas (LNG) project from the Nova Scotia Utility and Review Board.

The final approval required, from the Nova Scotia Environmental Board, is expected in the second quarter of 2015. Maurice Brand, managing director and president of Bear Head LNG, said that the project was making progress with all permits and approvals, with the objective that these are all completed by June 30. The facility would then be in operation by 2019.

“We are continuing to make very good progress on gas supply to Bear Head and are actively marketing the project with a number of LNG buyers,” Brand said.

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