LNG Transshipment Terminal Announced for Newfoundland

Newfoundland LNG Ltd. has formally announced its Grassy Point LNG Transshipment and Storage Terminal on Placentia Bay in Newfoundland.  The proposal includes temporary and long-term LNG storage, and facilities to accommodate LNG cargo transfer; regasification capability is not envisioned. The Minister of Environment and Conservation has invited public comment on the proposal until December 29, 2006.

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