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Canaport LNG Terminal to Include Third Storage Tank

Canaport LNG announced yesterday that it would build a third storage tank at its facility currently under construction near St. John, New Brunswick. Construction of a third tank was contemplated under the original regulatory approval for the project, the
September 6, 2007

Canaport LNG announced yesterday that it would build a third storage tank at its facility currently under construction near St. John, New Brunswick. Construction of a third tank was contemplated under the original regulatory approval for the project, therefore Canaport does not need to seek additional government approvals. The Amherst Daily News reports that the additional storage tank will involve an additional twelve months of construction time and the plant will not be fully complete until 2009.

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Adam C. Pollet, Associate
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