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Gold/Mining/Energy : LNG

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To: Dennis Roth who wrote (57)11/22/2005 6:54:56 AM
From: Dennis Roth  Read Replies (1) of 919
 
Construction begins on liquid natural gas terminal
Last updated Nov 21 2005 07:06 PM AST
CBC News
Construction began Monday on Nova Scotia's first liquid natural gas plant.

Anadarko Canada received the first in a series of permits from the province's Utilities and Review Board today, and started pouring concrete almost immediately.

The permit allows the company to pour the foundation for its giant LNG storage tanks at Bear Head near Port Hawkesbury on the Strait of Canso.

"The Utilities and Review board had a couple of options," said Nadine Barber, manager of government and public affairs for Anadarko. "It could have granted one big permit, or a series of smaller ones, which is how they've chosen to do it."

"This is the very first time this has been done in the province, so it's important that they wanted to take time and make sure that all the t's are crossed and the i's dotted, and that everyone is comfortable with the way it's moving forward, Barber added."

The LNG plant will bring in liquid natural gas from overseas, turn it back into a gas, and ship it by pipeline to markets, mostly in the northeastern United States.

Construction of the plant is expected to take 3 years and, at its peak, employ 600 people. It will handle about 1 billion cubic feet of liquid natural gas a day. The plant is expected to be ready to open by 2008.

cbc.ca
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