By OGJ editors
HOUSTON, Sept. 24 -- Spain's Repsol YPF SA is joining Irving Oil Ltd., Saint John, NB, in the development of an LNG receiving terminal in Saint John. Irving Oil received approval for the project Aug. 6 (OGJ Online, Aug. 6, 2004).
Repsol and Irving Oil are moving ahead with detailed engineering for the facility, which will be located at Irving's existing deepwater petroleum-receiving marine terminal, Irving Canaport. Plans call for three 160,000 cu m LNG tanks and a throughput capacity of 1 bcfd of natural gas.
Canaport, 65 miles from the US border, is expected to supply eastern Canada and New England.