Repsol’s Canaport LNG terminal in Canada has received an approval from the provincial Department of Environment to export previously imported LNG to global markets with better selling prices.
“ There’s really no time line for when we would start — or if we would start, ” Kate Shannon, Canaport LNG’s spokesperson told CBC News.
“ It’s basically there as an option, just in case .” “ We may start it this winter, or it may not happen at all, ” she added.
Canaport LNG, located in Saint John, New Brunswick, is Canada’s only LNG import terminal and has a maximum send-out capacity of 1.2 Bcf or 28 million cubic metres of natural gas per day.
Canada may become a huge LNG exporter while several major energy companies have proposed to build LNG export terminals to develop the country’s vast shale gas reserves.
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LNG World News Staff, November 27, 2013; Image: Canaport LNG