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Excelerate, Suez Energy On Board with Newfoundland LNG Storage Project

The Packet (Newfoundland) reports that Excelerate Energy and Suez Energy have agreed to store some of their LNG supplies at the proposed Newfoundland LNG facility at Grassy Point in Newfoundland, Canada. Excelerate’s VP of Operations explained, “although
September 16, 2007

The Packet (Newfoundland) reports that Excelerate Energy and Suez Energy have agreed to store some of their LNG supplies at the proposed Newfoundland LNG facility at Grassy Point in Newfoundland, Canada. Excelerate’s VP of Operations explained, “although the Newfoundland project is about two days sailing from our Northeast Gateway port facility, and six days from our Gulf Gateway port facility, we find the facility to be quite useful as a storage and transshipment terminal.”

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