Canso

Industry Briefs

A company based in India is mulling a $3 billion liquefied natural gas (LNG) liquefaction and export terminal in the Strait of Canso in Nova Scotia, Canada’s CBC News reported. “We’re looking at a long term…facility to liquefy natural gas. We’re looking to put out a capacity of a billion and a half cubic feet a day at its final stage, said Darshan Hiranandani, managing director for H-Energy, as reported by CBC. He said the facility could be similar in scale to the Canaport LNG facility in New Brunswick. Construction could be completed by 2020 at the earliest, he said. The proposal is the second for an LNG facility in Nova Scotia. Last fall, Pieridae Energy Canada announced a project whose target markets would be in Europe and India (see Daily GPI, Oct. 29, 2012).

May 20, 2013