NEB MOVES TO SPEED GAS EXPORT APPLICATIONS

Canada's National Energy Board is seeking industry comments on proposed rule changes designed to speed natural gas export applications. NEB is considering a change that would no longer require a guarantee from producers that buyers will take gas at volumes specified in a contract. Current rules require export contracts to include penalties if buyers don't take gas at agreed rates. The board also is proposing changes in its preheating process to give gas users in Canada enough time and

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