• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Oil Market Data
    • Canada NG Market Data
    • USA Market Data
    • Data Downloads
  • Jobs

Canada sees Repsol LNG as fastest way to boost gas supply to Europe

June 30, 202211:09 AM Reuters0 Comments

Canada’s East Coast has only enough natural gas supply to accommodate one new liquefied natural gas (LNG) export facility, and the project that would boost shipments to Europe the fastest is Repsol’s, Canada’s environment minister told Reuters.

In May, Canada said it was in talks with Spanish company Repsol’s LNG facility in New Brunswick and Pieridae Energy, which has proposed building an LNG facility in Nova Scotia, about increasing exports to Europe.

“The amount of gas that is available would be available only for one facility at this point,” Environment Minister Steven Guilbeault said in an interview late on Wednesday, adding that the idea of constructing new gas pipelines in Canada was not “very realistic”.

“Repsol is probably the fastest project that could be deployed because it requires minimal permitting – there’s already an existing facility, (and a) gas line is right there,” Guilbeault said.

The vast majority of Canada’s natural gas is produced in the western provinces of Alberta and British Columbia.

Europe is seeking to diversify its energy supplies as it pivots away from Russian oil and gas after the invasion of Ukraine. Canada’s foreign minister said on Wednesday talks had taken place with its European allies, including Spain and Germany, about increasing its East Coast exports.

LNG Pieridae Energy Repsol

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Peyto reports second quarter 2022 results
  • Questerre reports second quarter 2022 results
  • Petrus Resources announces second quarter 2022 financial & operating results
  • Synthetic oil sands crude rises
  • Rubellite Energy Inc. reports second quarter 2022 financial and operating results and provides operations and land acquisition update

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView

    Report Error





    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2022 Grobes Media Inc.