Canaport LNG to be Recognized for Contributions to Community
Posted on Nov 11, 2008 in Canada & Mexico, State and Local Issues | Comments Off on Canaport LNG to be Recognized for Contributions to Community
The Saint John Board of Trade (New Brunswick) will honor Canaport LNG with the Big Heart Award later this month for the LNG company’s fundraising efforts and other contributions to the community. Read more in the...
Downeast LNG President Critical of New Brunswick’s Position on Maine LNG Proposals
Posted on Nov 10, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Downeast LNG President Critical of New Brunswick’s Position on Maine LNG Proposals
Speaking in Boston, Dean Girdis, president of Downeast LNG, was critical of the government of New Brunswick for supporting the Canaport LNG terminal under construction in St. John, N.B. while opposing similar projects in Maine. New Brunswick Energy Minister Jack Kier responded that the Canadian federal government is responsible for representing Canada’s interests regarding LNG...
Canaport LNG Anticipates Providing New England With Natural Gas Supplies
Posted on Nov 5, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Canaport LNG Anticipates Providing New England With Natural Gas Supplies
At a conference on Tuesday, the president of Repsol, one of the developers of the Canaport LNG regasification facility, said that despite the recent economic uncertainty in the United States, there remains “unprecedented growth” in demand for natural gas in New England, and he anticipates that Canaport LNG will supply the region through at least 2015. The Telegraph-Journal...
Grassy Point LNG Transshipment Terminal to Move Forward Despite Economic Crisis
Posted on Nov 4, 2008 in Canada & Mexico, Financing, Storage | Comments Off on Grassy Point LNG Transshipment Terminal to Move Forward Despite Economic Crisis
The LNG transshipment facility slated for construction in Grassy Point, Newfoundland, will proceed as scheduled despite uncertainty in the global market, a company spokesperson recently said. Ocean Resources Online has more...
New Brunswick Economic Growth Predicted to Slow After Canaport LNG Facility Complete
Posted on Nov 4, 2008 in Canada & Mexico | Comments Off on New Brunswick Economic Growth Predicted to Slow After Canaport LNG Facility Complete
In a new economic outlook report released by the Atlantic Provinces Economic Council, the province of New Brunswick is projected to have lower than expected economic growth, with the impending completion of the Canaport LNG regasification facility cited as one of the factors. The Telegraph-Journal (Saint John, N.B.) has more...
Industry Analyst: U.S. Domestic Gas Production Likely to Soften Short-Term Demand for LNG Imports
Posted on Oct 24, 2008 in Canada & Mexico, Markets and Competition | Comments Off on Industry Analyst: U.S. Domestic Gas Production Likely to Soften Short-Term Demand for LNG Imports
Porter Bennett, president and CEO of Bentek Energy, told an industry conference in Toronto that he believes that increased U.S. domestic natural gas production, particularly from shale gas plays, will continue to soften demand for both LNG imports and imports of Canadian natural gas. Platts LNG Daily provides additional coverage. [Subscription...