Keltic and Maple LNG Finalize Agreement

The Chronicle Herald reports that Keltic Petrochemicals yesterday finalized a deal that gives Maple LNG ownership of Keltic’s share in an LNG terminal proposed for Goldboro, Nova Scotia. Maple LNG has also entered a separate agreement with the Municipality of the District of Guysborough to purchase property for the facility. The proposed terminal, which is currently being evaluated by federal and provincial environmental authorities, is scheduled to begin operations in 2010.

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