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Bear Head LNG, Cape Breton Building Trades Sign Agreement
Liquefied Natural Gas Limited through its 100% owned project company, Bear Head LNG, LLC (Bear Head) and the Nova Scotia Construction Labour Relations Association Limited (CLRA) and Cape Breton Building and Construction Trades signed a Memorandum of Agreement (MOA) on Tuesday, July 17, 2018 ensuring access to the skilled workforce needed for Bear Head’s proposed liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia.

“Bear Head LNG is proud to partner with the CLRA and Cape Breton Building and Construction Trades to employ the local labour force to build what will be the largest industrial construction project in Atlantic Canada,” said John Baguley, Chief Operating Officer for Bear Head LNG. “We look forward to working with the building and construction trades to bring LNG export operations to Nova Scotia together with opportunities for hundreds of qualified trade workers in their home region.”

The MOA outlines a path forward for both partiesto establish terms and conditions of employment for trade workers represented by unions working onsite at Bear Head. Over the next several years, Bear Head will need hundreds of skilled workersto safely construct, operate, and maintain its facilities. Establishing a safe work culture will be a key focus for both parties.

“Our partnership with Bear Head will provide jobs and opportunity for the local labour force for years. We have the expertise, training and safety culture required to deliver on this project,” said Cape Breton Building and Construction Trades President Jack Wall. “Our members are excited about the prospects and opportunity that Bear Head brings to the local economy. Bear Head continues to demonstrate its commitment to supporting our community by providing economic and social benefits for the region.

Bear Head LNG is proposing to build an LNG export facility on the naturally deep waters of the Strait of Canso in Point Tupper, Richmond County, Nova Scotia. The proposed facility will comprise an initial development of an 8 – 10 million tonne per annum facility, with the capacity and approvals for further expansion.

“Bear Head LNG’s focus is to provide overseas markets, primarily Europe and Western Asia, with access to North America’s natural gas resources based on competitive economics,” Baguley noted. “Bear Head LNG is uniquely positioned to provide liquefaction services to Western Canadian, Northeast U.S., and offshore Nova Scotia resource owners desiring to sell natural gas to the global LNG market.”

About Bear Head LNG

Bear Head LNG is wholly owned by Liquefied Natural Gas Limited. Bear Head LNG proposes to develop a liquefied natural gas export facility on the Strait of Canso, Nova Scotia, Canada. All required initial permits are now in place for Bear Head LNG to construct the LNG export facility.
Canada's National Energy Board and the U.S. Department of Energy have granted export licenses for the facility. LNG produced at the facility will be transported by LNG vessels to overseas markets.

About Liquefied Natural Gas Limited

LNGL (ASX: LNG, OTC ADR: LNGLY) is an ASX listed company (Code: LNG and OTC ADR: LNGLY) whose portfolio consists of 100% ownership of the following companies:
- Magnolia LNG, LLC (Magnolia LNG), a US-based subsidiary, which is developing an eight mtpa or greater LNG export terminal, in the Port of Lake Charles, Louisiana, USA;
- Bear Head LNG Corporation Inc. (Bear Head LNG), a Canadian-based subsidiary, which is developing an 8 – 12 mtpa LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;
- Bear Paw Pipeline Corporation Inc. (Bear Paw), which is proposing to construct and operate a 62.5 km gas pipeline lateral to connect gas supply to Bear Head LNG; and
- LNG Technology Pty Ltd, a subsidiary which owns and develops the Company’s OSMR® LNG liquefaction process, a midscale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG projects.

Origine : Communiqué Liquefied Natural Gas Limited

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