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MOU Signed for Proposed LNG Terminal in Nova Scotia

Today’s Platts Gas Daily reports that Petroplus International and Keltic Petrochemicals have signed a memorandum of understanding to build a 1 Bcf /day LNG terminal in Nova Scotia. The potential terminal, slated to come online in 2009, would serve an att
December 19, 2005

Today’s Platts Gas Daily reports that Petroplus International and Keltic Petrochemicals have signed a memorandum of understanding to build a 1 Bcf /day LNG terminal in Nova Scotia. The potential terminal, slated to come online in 2009, would serve an attached cogeneration plant and petrochemical plants. Capacity might double to accommodate “substantial Canadian and U.S. gas markets,” according to a press release issued by both companies. [Subscription required]

The press release is here.

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