Antonio Brufau opens Canada's first liquefied natural gas terminal !
Chairman Antonio Brufau today officially opened the Canaport LNG terminal in Canada, marking the completion of the first of ten key projects outlined in the company's 2008-2012 Strategic Plan. Brufau was accompanied by Kenneth Irving, Chairman of Irving Oil, and Shawn Graham, Premiere of New Brunswick. The terminal, built in association with Irving Oil, is the first of its kind to be built on the east coast of North America in 30 years and the first ever to be built in Canada. The 1 Bcf per day facility will provide supplies of natural gas to homes, businesses and industry in Canada and the northeast US. Repsol is the managing general partner of Canaport LNG with a 75% stake. Repsol has contracted for 100% of the plant's capacity. Repsol began selling gas in Northeast of the US in 2008.