Irving Oil Ltd. plans to build a CAD 500 million liquefied natural gas (LNG) regasification facility at its deepwater oil terminal near Saint John, New Brunswick, Canada. In continuous operation since 1970, Irving said its Canaport facility was the western hemisphere’s first deepwater terminal. Irving said the terminal has held a municipal zoning permit for handling natural gas for several years. The terminal, near St John, is 60 miles from the US border and 5 miles from the company’s 250,000-b/d refinery. Tankage is 12.5 million bbl. The company said its ice-free port has a water depth of 128 ft at low tide and is the nearest one to US markets capable of receiving supertankers. Pipelines connect the terminal to the Irving refinery. Also connected are the Bayside and Coleson Cove power plants, which together have capacity of 1325mw.
