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Canaport LNG CEO Stepping Down

The Business Journal (St. John, New Brunswick) reports that Jorge Ciacciarelli will be stepping down from his current role as chief executive of Canaport LNG to take on a leadership role for Repsol YPF in Bolivia. The company expects to name a new chief executive early in...

LNG Vessel Anchored in Bay of Fundy Waiting to Deliver Cargo to Canaport LNG Terminal

The LNG vessel Mesaimeer is anchored in the Bay of Fundy waiting for weather to clear to allow the vessel to deliver its cargo to the Canaport LNG terminal. A spokesperson for Canaport LNG told the Telegraph-Journal that the Mesaimeer, a Q-Flex class vessel, is the largest LNG carrier to service the Canaport terminal to...

Gaz Metro CEO: LNG Supply Agreement for Rabaska LNG “Unlikely in the Short Term”

Sophie Brochu, CEO of Gaz Metro, told the Montreal Gazette that negotiations with Gazprom for LNG supply for the proposed Rabaska LNG import terminal have “slowed” and that “signing of an agreement is unlikely in the short term.” Brochu cited uncertainties in the financial, commodity, and construction markets as reasons for the...

Canaport LNG Facility Resolves Flaring System Malfunction

CBC News reports that malfunctioning flaring equipment at the Canaport LNG facility caused a one-hour evacuation of the facility over the weekend. Emergency personnel responded to the incident and no one was...

Maine Governor Notes Strong Relationship Between Maine and New Brunswick Despite Disagreement Over LNG Vessel Traffic in Head Harbour Passage

This weekend Gov. John Baldacci (D-Maine) contributed an op-ed to the Bangor Daily News which notes the continuing strong relationship between Maine and New Brunswick despite the disagreement over whether the Canadian Government has the right to regulate vessel traffic in Head Harbour Passage. Gov. Baldacci argues that Head Harbour Passage is an international waterway and the United...

Repsol Remains Confident Natural Gas Demand Will Rise

Noting that his company makes strategic decisions on a “25-year-horizon,” Denis Marcoux, vice president for Repsol Energy Canada, told the Telegraph-Journal that his company is confident that as winter approaches and the global economy improves, demand for natural gas will...

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