Mispec

Canaport Terminal Gets LNG Import, Export Licenses

Repsol Energy Canada Ltd. has been approved for a 25-year license to import liquefied natural gas (LNG) at the Canaport LNG Terminal at Mispec Point, near Saint John, NB, and a separate 25-year license to export regasified LNG to the U.S. Northeast by Canada’s National Energy Board (NEB). Permission to export domestically produced Canadian gas to the United States was denied, however.

September 8, 2008

Canaport Terminal Gets LNG Import, Export Licenses

Repsol Energy Canada Ltd. has been approved for a 25-year license to import liquefied natural gas (LNG) at the Canaport LNG Terminal at Mispec Point, near Saint John, NB, and a separate 25-year license to export regasified LNG to the U.S. Northeast by Canada’s National Energy Board (NEB). Permission to export domestically produced Canadian gas to the United States was denied, however.

September 8, 2008