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| Repsol Energy North America Corporation | ||||||||||||||||||||
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| The First Time a Q-Max Tanker Docks on the East Coast of North America December 23, 2010: St. John, New Brunswick- Repsol today received the first shipment of LNG from Qatargas, under a multiyear agreement which secures supply for the Canaport LNG terminal. The arrival of the Q-Max LNG tanker, the biggest in the world, highlights Canaport LNG Facility’s design and technological excellence as the only terminal in the Northeast of North America able to receive such vessels. The Q-Max tanker’s cargo of nearly 6 trillion Btus of LNG is enough to heat 70,000 homes in North America for one year, equivalent to heating the 26 million homes in the UK for one day.
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| Canaport LNG First to Host the Q-Flex on the Eastern Seaboard Saint John, New Brunswick Travelling 22 days and 15,000 kilometres from Ras Laffan Industrial City in Qatar, the Q-Flex MV Mesaimeer, one of the largest and most advanced vessels of its kind arrived at the Saint John Port on December 1, 2009 to deliver 4.6 bcf of Liquified Natural Gas (LNG) to Canaport LNG.
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Natural Gas...An Essential Part of America's Energy Mix Natural gas supplies nearly one-fourth (24 percent) of all of the energy used in the United States. In 2008, the U.S. consumed 23.2 trillion cubic feet (Tcf) of natural gas. Due to its efficiency, cleanliness and reliability, natural gas is growing increasingly popular. Consumption of natural gas will increase 20 percent by 2030, according to the U.S. Department of Energy (DOE).
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| Repsol Contracts Firm Capacity on Maritimes and Northeast Pipeline Besides contracting 100% of the capacity in the Canaport LNG facility, Repsol has contracted 100% of the firm capacity of Brunswick Pipeline, which connects Canaport LNG facility to Maritimes & Northeast Pipeline.
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