July 15, 2009 / 7:49 PM / 10 years ago

Maritimes & Northeast gas line delivers new LNG

NEW YORK, July 15 (Reuters) - Maritimes & Northeast Pipeline said Wednesday it began receipt and redelivery of natural gas from the Canaport liquefied natural gas terminal in Saint John, New Brunswick, to Atlantic Canada and New England.

“Since first gas flow from offshore Nova Scotia in 1999, Maritimes has made major advancements in supply diversity, adding onshore natural gas and now imported LNG,” the company said in a statement.

The 340-mile U.S. and 330-mile Canadian Maritimes & Northeast Pipeline is owned by affiliates of Spectra Energy (SE.N), Emera Inc (EMA.TO) and Exxon Mobil Corp (XOM.N).

Maritimes said it placed into service in January its Phase IV expansion project to facilitate delivery of natural gas from the Canaport terminal to markets in Maine, New Hampshire, Massachusetts and Atlantic Canada.

The project, built under a long-term firm service contract with Repsol Energy North America (REP.MC), doubles Maritimes’ U.S. year-round firm mainline capacity from approximately 400 million cubic feet per day to approximately 800 million cubic feet per day, the company said.

The Canaport terminal received its first LNG cargo in late June.

Canaport LNG is a partnership between Repsol (75 percent) and Irving Oil (25 percent). The terminal has the capacity to import 1 billion cubic feet per day of LNG. (Reporting by Eileen Moustakis)

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