The maximum term quantity is 116.44 billion cubic metres and is still subject to the approval of the Governor in Council.
“The NEB has determined that the quantity of gas proposed to be exported by WesPac is surplus to Canadian needs,” writes communication officer Katherine Murphy of the NEB’s decision. “The NEB is satisfied that Canada’s gas resource base, and the overall gas resource base in North America, is large and can accommodate reasonably foreseeable Canadian demand.
“This demand would include the LNG exports proposed by WesPac as well as a plausible potential increase in Canadian demand.”
The approved export points include the outlet of the loading arm at the WesPac LNG Marine Terminal in Delta; the marine cargo terminals in the metropolitan area of Vancouver; as well as the highway border crossings along the international boundary between B.C. and the U.S.
The National Energy Board is an independent federal regulator of several parts of Canada’s energy industry. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest.