Liquefied natural gas export project approved
11 September 2015
FREDERICTON (GNB) – Momentum continues to build in New Brunswick as Repsol has received approval from the National Energy Board (NEB) to export liquefied natural gas (LNG) from the Canaport facility in Saint John.
“To grow our economy our government believes that a diversified approach is critical to building a strong energy sector in New Brunswick,” said Premier Brian Gallant. “There is no question that this multi-billion dollar project can help create good-paying jobs and move our province forward.”
Last fall the premier travelled to Houston, Texas to meet with the Spanish energy company’s top North American executives to show support for the then-proposed LNG export facility and learn more about the opportunities it would bring to the province.
“With New Brunswick’s strategic geographic location and Saint John’s ice-free, deep water port with access to international markets, there is a growing sense of optimism about our ability to be a major player in the global energy sector,” said Gallant. “That is why we have worked hard to showcase New Brunswick as an ideal location for a variety of significant energy projects. It is an important piece of our plan to grow our economy and create new jobs.”
Gallant added that the board’s approval of a 25-year license to allow Repsol to export LNG complements a variety of other significant energy projects, including the Energy East pipeline and Irving Oil’s upcoming refinery retrofit.
In addition to being a co-chair for the Canadian Energy Strategy, Gallant also recently attended the 39th annual New England Governors and Canadian Eastern Premiers’ conference in St. John’s, N.L., where he highlighted the benefits of the LNG project and the Energy East pipeline, among other energy initiatives.
Shawn Berry, press secretary, Office of the Premier, 506-453-2144.