Canaport LNG, Canada’s first LNG terminal, was commissioned in June 2009.
In 2004, Irving Oil partnered with Spanish energy company Repsol to develop a liquefied natural gas (LNG) terminal in Saint John, New Brunswick. Located near Irving Oil’s existing deepwater crude receiving terminal, Canaport, the facility officially commenced operations in June 2009. Canaport LNG has a send-out capacity of more than 1 billion cubic feet (BCF), or 28 million cubic metres, of natural gas per day, and a storage capacity of 10 BCF of natural gas.
Irving Oil is proud to be partnered with Repsol in this project for many reasons. Canaport LNG has the honour of being the first LNG terminal to be built in Canada, and it’s the only LNG terminal to be built on the east coast of North America in thirty years. The facility represents a significant new source of natural gas to the northeast of North America, fueling power plants, industries and homes. The safety record of LNG facilities around the world has been excellent, and Canaport LNG continues that 40-year long safety record.
One of New Brunswick’s largest industrial projects in recent years, Canaport LNG has contributed to the local economy and increased Saint John’s position as a vital center for energy.