Bear Head LNG Corp. Inc.has agreed to purchase additional land from Nova Scotia Business Inc. for its proposed liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia. "It enables us to increase the capacity of the LNG facility from a nominal eight million tonnes per annum (mtpa) up to 12 mtpa in 2024, as per our approval from the National Energy Board," said Bear Head President Maurice Brand. Bear Head is to acquire an additional 72 acres of land directly adjacent to its existing 255-acre site on the Strait of Canso. Bear Head has approval from the U.S. Department of Energy to export U.S.-sourced natural gas nations with and without free trade agreements with the United States (see Daily GPI, Feb. 8). Canada's National Energy Board has granted Bear Head approval to export up to 12 mtpa. Bear Head said it has all the initial federal, provincial, and municipal regulatory approvals required to begin project construction.
Chevron Phillips Chemical Co. LP(CPChem) has reached a final investment decision to expand the low viscosity polyalphaolefins capacity at its Cedar Bayou plant in Baytown, TX, by 10,000 metric tons per year, or about 20%. The expansion will allow the company to meet the increasing demand for high-performance lubricants in automotive and industrial applications, as demand for higher energy efficiency and high-quality basestocks continues to grow. Feedstock for the project will be provided through the recent 100,000 metric tons per year expansion of normal alpha olefins capacity at Cedar Bayou.