Redelivery

Maritimes & Northeast Pipeline has begun receipt and redelivery of gas from the Canaport liquefied natural gas (LNG) terminal in Saint John, NB, the pipeline said. In January Maritimes placed into service its Phase IV Expansion to facilitate delivery of gas from Canaport to markets in Maine, New Hampshire, Massachusetts and Atlantic Canada (see Daily GPI, Jan. 6). The project doubled Maritimes’ U.S. year-round firm mainline capacity from approximately 400 MMcf/d to approximately 800 MMcf/d. “The addition of imported LNG realizes another milestone in the history of Maritimes and our efforts to add incremental supplies from diverse sources to ensure our markets have access to ample natural gas,” said Maritimes President Tina Faraca. The Phase IV Expansion has allowed Maritimes to reduce its mainline recourse rates. The pipeline has filed a rate application with the Federal Energy Regulatory Commission requesting an effective date of Aug. 1 for the reduction to its recourse rate. Maritimes is owned by affiliates of Spectra Energy (77.53%), Emera Inc. (12.92%) and Exxon Mobil Corp. (9.55%).