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Friday, July 20, 2012

Respol Won't Rule Out Sale Of Canaport

Respol is not ruling out the possibility of selling off its liquified natural gas assets which include the Canaport LNG terminal in Saint John.
 
Company spokesperson Kristian Rix tells CHSJ News that the company is performing a review of all of its assets.

The Spanish company owns 75 per cent of the Red head LNG facility while Irving Oil owns the remaining 25 per cent.

An Irving spokesperson tells CHSJ News they are not in a position to comment.