FOR IMMEDIATE RELEASE
[Le français suit]
Traditional territory of the Wabanaki Peoples/Fredericton — The Conservation Council of New Brunswick (CCNB) and the New Brunswick Anti-Shale Gas Alliance issued the following statement with respect to Repsol SA’s announcement that there is no business case for building an export liquefied natural gas plant at the Saint John LNG location.
Premier Blaine Higgs pushed a private-sector company, Repsol, to convert its Saint John LNG (liquefied natural gas) import terminal into an export terminal for energy security, economic development and energy transition. The company now says, after completing a feasibility study, that there is no business case.