CALGARY, June 1st, 2016 /CNW/ – The National Energy Board (the Board) will release its decision on an application to extend the sunset clauses for the Mackenzie Gas Project on Thursday, June 2, 2016.The NEB's decision will be available at 2:30 pm MDT on the NEB website.
On August 20, 2015, Imperial Oil Resources Ventures Limited, applied to the Board to extend the sunset clauses for the Mackenzie Gas Project to December 31 2022. The project is a proposal to develop three natural gas fields in and near the Mackenzie Delta, and to transport the natural gas and natural gas liquids to southern markets via 1,842-kilometres of pipelines. The Board originally approved the project on December 16, 2010.
The National Energy Board is an independent federal regulator of several parts of Canada's energy industry with the safety of Canadians and protection of the environment as its top priority. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest. For more information on the NEB and its mandate, please visit www.neb-one.gc.ca.
SOURCE National Energy Board