Construction Continues on Canada’s First Liquefied Natural Gas Import Terminal, an Industrial Info News Alert
Researched by Industrial Info Resources(Sugar Land, Texas) — Construction is progressing on Canaport LNG’s $750 million liquefied natural gas import terminal in St. John, New Brunswick. Canaport LNG, a limited partnership between Irving Oil Limited (St. John, New Brunswick) (25%) and Repsol YPF S.A. (NYSE:REP) (Madrid, Spain) (75%). Canaport LNG will be the first LNG re-gasification plant in Canada that will send out natural gas to both Canadian and U.S. markets.
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SOURCE: Industrial Info Resources