Proposed Grassy Point LNG Project in Newfoundland and Labrador: Federal Government Awards Participant Funding

    OTTAWA, Sept. 19 /CNW Telbec/ - The Canadian Environmental Assessment
Agency has awarded a total of $30,000 to the Sierra Club of Canada -Atlantic
Canada Chapter to support its participation in the environmental assessment
review of the proposed Grassy Point LNG transhipment and storage terminal
project in Newfoundland and Labrador.
    A funding review committee, independent of the environmental assessment
process, was established to examine all funding applications received for this
project. All of the Committee's recommendations are unanimous and are
contained in the report of the Funding Review Committee. The report, along
with further information on the project, is available on the Agency's Web site
at .
    Newfoundland LNG Ltd. proposes to develop a LNG transshipment and storage
terminal to provide low-cost, high availability LNG transshipment and storage
capacity to northeastern United States and Canada. The proposed project would
provide facilities for LNG cargo transfer, LNG storage and a lay-up site for
in-transit LNG carriers. The marine facility would enable larger vessels to
offload their cargo and commence the return voyage.

    The Canadian Environmental Assessment Agency administers the federal
environmental assessment process, which identifies the environmental effects
of proposed projects and measures to address those effects, in support of
sustainable development.

For further information:

For further information: For more information on the Participant Funding
Program: Suzanne Osborne, Manager, Participant Funding Program, Canadian
Environmental Assessment Agency, (613) 957-0254 (collect calls are accepted),
Fax: (613) 948-9172,; Media may contact:
Robert Deslauriers, Senior Communications Advisor, Canadian Environmental
Assessment Agency, (613) 957-0396

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