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Project Journal

 
July 2008
83.3%
Overall

The overall project status is 83.3% complete (99.4% complete for offshore and 80.9% complete for onshore.)

Canaport LNG is working with contractors SNC-CENMC, G.P., a partnership between SNC-Lavalin of Montreal, Quebec, and Saipem S.p.A. of Milan, Italy, and Kiewit-Weeks-Sandwell Partnership, a consortium of Peter Kiewit Sons Co of St. John's, Newfoundland; Weeks Marine of Cranford, New Jersey; and Sandwell Engineering of Vancouver, British Columbia.


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Canaport LNG Limited Partnership is a Canadian limited partnership between subsidiaries of Irving Oil Limited (25% owner) and Repsol YPF, S.A. (75% owner).

Repsol YPF Irving Oil

Irving Oil Limited and Repsol YPF, S.A. entered into definitive agreements in June 2005 to develop a liquefication natural gas import and regassification terminal in Saint John, New Brunswick, Canada. The agreements formed a new company, Canaport LNG, which will construct, own and operate the terminal.

The Canaport LNG terminal will have an initial capacity of 1 billion cubic feet per day of natural gas, as provided in its existing permit. Repsol YPF will be responsible for providing all of the liquefied natural gas and will hold the capacity of the terminal. Irving Oil will market the regassified natural gas in Atlantic Canada, and Repsol will market the regassified natural gas elsewhere in Canada and in the U.S.

CanaPort - LNG Saint John, New Brunswick, Canada - Irving Oil Limited And Repsol YPF