By OGJ editors
HOUSTON, Oct. 27 -- Irving Oil Ltd., St. John, NB, reported that it will apply for a permit to build a 500-700-Mw natural-gas fired electric power plant near its Canaport LNG terminal at the entrance to St. John Harbor.
The Canaport LNG terminal, in 128 ft of water about 4,100 ft offshore, was the first deepwater terminal in the Western Hemisphere when it started up in 1970. The terminal has a mooring facility to accommodate ultra-large crude carriers. The first shipment of LNG to the terminal is still 3 years away.
The plant will provide power to the New Brunswick grid. Privately held Irving said the LNG project is raising prospects for further energy investment in New Brunswick.