About the Project
LNG Newfoundland and Labrador Limited is a Newfoundland and Labrador-owned and operated corporation focused on permitting and developing LNG infrastructure needed to monetize significant stranded natural gas in the Jeanne d’Arc Basin, offshore Newfoundland and Labrador.
The Project requires a centralized offshore gas hub, a pipeline, and natural gas liquefaction facilities and export terminal at Grassy Point, Placentia Bay, NL.Our Advantages
LNG Newfoundland and Labrador is Canada’s opportunity to provide clean natural gas to growing markets in Europe. Once operational, we will produce some of the cleanest LNG in the world. We are working to create jobs here at home while reducing impacts of climate change and air pollution globally.
“Miawpukek First Nation, through our Miawpukek Horizon Maritime Services Ltd. partnership, is proud and very excited to be an equity partner in LNG NL. Our inclusion in this project is historical, trans-formative, and an example of how the offshore energy industry, Canada, and Newfoundland and Labrador are truly embracing and giving effect to “reconciliation.”
-Chief Misel Joe, Miawpukek First Nation
- Stable long term gas supply - Massive gas potential in central and northern part of Jeanne d’Arc Basin; existing gas reserves of 8 TCF discovered while drilling for oil - opportunities for direct drilling for gas; operators motivated to monetize gas and condensate
- One federal and one provincial jurisdiction and supportive federal and provincial governments
- European markets are close and want a more diversified supply of gas from clean sources like offshore NL
- Grassy Point previously permitted for an LNG Transhipment terminal. Local municipality/Placentia Bay supportive of the oil and gas industry
- Experienced project teamwith strong industry and regulatory relationships
- Conventional offshore pipeline construction. Gas fields close to the proposed offshore central gas hub < 30 km
- Reducing GHG Emissions through Sustainable LNG and Coal Reduction
- Strong indigenous and stakeholder engagement - partnership with major local and international industry
- Beneficial to NL and Canada - Three massive industrial projects will create thousands of jobs during construction phase and hundreds of full time direct and indirect jobs during production
Over the next eight years, LNG Newfoundland and Labrador Limited will work in partnership with Miawpukek First Nation through the regulatory, engineering, design and environmental processes.
Gate 1 Review (IDENTIFY)
Gate 2 Review (SELECT)
Gate 3 Review FID