First L-N-G Tanker Expected By End Of Next Month

2009-05-11

15:59:41

(Delegates to energy regulators conference at the Trade and Convention Center - photo by Gary MacDonald)

Canaport L-N-G is expecting its first shipload of liquefied natural gas to arrive by the end of next month.
Construction at the site is nearing completion -- and -- Repsol Canada vice president Denis Marcoux says the Red Head terminal will be able to easily handle both domestic and export demands.
Marcoux told an energy regulators conference underway here the capacity of the three tanks at Canaport far outstrips commitments to U-S markets and total demand here in Canada.
Repsol owns 75-percent of the Canaport terminal while Irving Oil has the remaining 25-percent share in the complex.

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