CANAPORT LNG’S UPGRADE PROJECT INVESTING $3 MILLION INTO SAINT JOHN ECONOMY

Saint John, New Brunswick: Canaport LNG’s $43 million upgrade project has spent over $3 million to the benefit of local Saint John businesses since the beginning of construction in April, 2012.

Over 30 local suppliers have been contracted to supply equipment and manpower for the project, with approximately 25 to 30 local workers employed on site since construction began in April.

The upgrade project remains on schedule with additional workers and suppliers expected at the Terminal until the upgrades are complete. The BOG upgrade project is scheduled to be completed by the end of 2013. The Canaport LNG Terminal will remain online during the construction period with minimal interruption to operations as a result of the construction activities.

In February, Canaport LNG announced plans to upgrade the Terminal’s Boil-Off Gas (BOG) system. Completion of this project will reduce the amount of BOG sent to flare, resulting in the reduction of the Terminal’s emissions.

Media Contact:

Kate Shannon

Canaport LNG

506-638-1311