The subsidiary of ASX-listed Liquefied Natural Gas (LNG), Bear Head LNG Corporation has reached an agreement to purchase additional land from Nova Scotia Business Inc, to allow the company to expand its LNG facility on the Straits of Casno.
Bear Head LNG president Maurice Brand said on Tuesday that the acquisition of the additional land would enable the company to increase the capacity of its LNG facility from eight-million tonnes a year to 12-million tonnes a year by 2024.
