LNG NL plans to monetise stranded gas from oil-producing offshore platforms in the Jeanne d’Arc Basin
LNG NL ‘perfectly positioned’ for a future of high politics and low carbon
The proposed East Coast liquefaction terminal is trumpeting a number of advantages over competing schemes
The proposed Newfoundland and Labrador floating LNG export project (LNG NL) stands out from all the rest in Canada for three reasons. It is the only one planning to source its feedgas from offshore along the east coast of Canada rather than elsewhere in North America—in particular, Western Canada. LNG NL also has the potential to be the lowest-emission liquefaction facility not just in Canada but in the world. And the C$5.5bn ($4.2bn) project—including the cost of an undersea gas pipeline—has the shortest shipping distance to Europe of any active or proposed LNG project in North America. Leo Power, CEO of the project, expands further on these advantages. The goal of the LNG NL project is to
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