N.B. Facility Could Help Europe Cut Energy Ties With Russia: Higgs

New Brunswick’s premier believes a natural gas facility in Saint John, N.B., could help reduce Europe’s reliance on Russian energy sources.

Speaking in Nova Scotia on Wednesday, Blaine Higgs said Canaport LNG in Saint John could be retrofitted to export gas in around three years, adding that more energy solutions are needed so the global economy does not rely on Russia.

He said the Saint John plant is already connected to a supply of gas from the United States. He said his government is considering developing New Brunswick’s shale gas industry, which could also feed the facility.

Canaport LNG spokesperson Michael Blackier said in a statement that Repsol, the company that owns the plant, aims to continuously explore options to maximize the terminal’s value.

He added that the company will look at any and all business possibilities.