Access Northeast Energy Inc. (ANE) proposes to develop and operate a liquefied natural gas (LNG) terminal at Bear Head near Point Tupper, Nova Scotia, Canada, to meet the growing demands for natural gas in North America. The development would include marine offloading, LNG storage and re-gasification facilities to deliver gas into the Maritimes and Northeast Pipeline, which services the Eastern Canada and Northeast US gas markets. Pending receipt of appropriate permits, the proposed Bear Head LNG terminal would be in commercial operation with 750 mmcf/day to 1 Bcf/day of send-out capacity by November 2007. The Bear Head LNG Terminal project team includes the engineering firm of KBR (Houston, TX), among others.
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