Federal and Provincial Governments Issue Environmental Approvals for Kitimat LNG Liquefaction Project

Kitimat LNG announced yesterday that its proposed LNG export terminal received environmental approval from the Canadian Federal Government on December 10, 2008, and from the British Columbia provincial authorities on January 9, 2009.

Kitimat LNG also announced that it has signed a Heads of Agreement with Mitsubishi Corporation that will allow Mitsubishi to acquire terminal capacity and an equity stake in the liquefaction facility. The agreement is expected to be finalized and closed by March 31, 2009.

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