Repsol Considers Reviving LNG Export Project from Atlantic Canada’s Canaport Terminal

Several years after the proposal was shelved, Repsol SA may revive a plan to export natural gas from its Atlantic Canada LNG import terminal.

The Spanish-based energy major’s executive team discussed the potential to move liquefied natural gas (LNG) from Atlantic Canada to overseas markets during the second quarter earnings call.

“We have met authorities on that…in some European countries,” including Germany, Investor Relations chief Ramon Alvarez-Pedrosa told analysts.

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Last year Repsol became the sole owner of the Canaport LNG import terminal at Saint John, New Brunswick. The facility has since been renamed Saint John LNG.

Five years...