Repsol Executive Not Concerned with Challenging Market Facing Canaport LNG Project
Posted on Jan 13, 2012 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Repsol Executive Not Concerned with Challenging Market Facing Canaport LNG Project
Despite a challenging natural gas market in the U.S. Northeast, Phil Ribbeck, president of Repsol North American, said that he is not worried about current market challenges facing the Canaport LNG terminal. He told CBC News that he does not believe that shale gas in North America will eliminate the need for LNG imports via the Canaport LNG facility.