Globe and MailKitimat LNG has been granted a licence to export liquefied natural gas from British Columbia, clearing the way for new trade with Asia that stands to significantly alter Canada’s energy geography.
In a measure of how much gas the export terminal is expected to move, the licence allows Apache to export more gas than it currently has in established reserves. The 20-year term would use up virtually all of the reserves currently held by EOG, while Encana has substantially more than its export commitment would require.
Full article here.. https://www.theglobeandmail.com/globe-investor/bcs-kitimat-lng-terminal-wins-export-licence/article2200412/