Repsol Applies for LNG Import and Natural Gas Export Licenses for Canaport LNG

Yesterday, the Canadian National Energy Board (NEB) announced that Repsol Energy Canada Ltd. has applied for a long-term LNG import license for its Canaport LNG regasification terminal. In its filing on December 27, 2007, Repsol also applied for a separate license to export natural gas to the United States. Repsol has requested 25-year terms for each license.

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