• The NEB has set down June 7, 2011 for public hearings to begin on the proposed Kitimat LNG terminal, which will export up to 468 bcf per year of Horn River shale gas to Asian markets beginning in 2015. If approved, the 20 year licence will represent Canada’s first export licence for LNG.  
  • The Kitimat LNG partners, Apache Canada Ltd. (Apache) and EOG Resources Canada Inc. (EOG), announced plans to purchase the remaining 50% interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) from Pacific Northern Gas. The $50 million deal is expected to be completed very soon, following which, Apache and EOG will hold respective shares of 51% and 49% of the partnership interest. The PTPLP plans to construct a 463 km pipeline that will reach from Summit Lake, BC to the Kitimat LNG terminal.  
  • The NEB approved TransCanada’s $310 million pipeline project that will transport shale gas from Horn River into the Alberta System. The pipeline is scheduled to be brought online in the second quarter of 2012 and is expected to exceed 630 mmcfpd by 2014. Shippers have committed to transport a combined 1.9 bcfpd by 2014 through Horn River pipeline and the Groundbirch pipeline, which has been in service since December 2010.