The Government of Canada identifies Repsol as a key partner for exporting gas to Europe

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Europa, and more especially Germany, work against the clock to diversify your gas supply y reduce its dependence on Russia. One of your possible alternative providers is Canadathe seventh gas producer in the world, and to make it possible you could count on the help of a Spanish company: Repsol. The Government of Canada believes that the company he presides over Antoni Brufau is he best partner to be able to export its gas to the European continentas revealed by the Canadian environment minister, Steven Guilbeaultin an interview with Reuters.

“Repsol is probably the fastest project that could be implemented because it requires a minimum of permits: already there is an installation and a gas pipeline right thereGuilbeault said. He is referring to the Saint John LNG regasification plant that the company he commands Josu Jon Imaz has in the east coast of the country, where the natural gas should be sent from the west, in the provinces of Alberta and British Columbia, where most of the gas in the North American country is produced.

Germanywhich imports 66% of its gas from Russia, has warned that, even with its gas reserves at 100%, a cut in supply would lead to their consumption in 10 weeks and the government of Justin Trudeau they would have already maintained a series of meetings of cooperation. In May, the Canadian Government considered, in addition to this possibility, that of Pieridae Energya Canadian company with which it was in talks and which proposed to build a new liquefied natural gas facility in New Scotland, but finally this option has been ruled out because the fastest solution is to use an existing infrastructure that can be reconverted, as is the case of the Repsol regasification plant.

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Saint John LNG, owned by the company that commands Josu Jon Imaz 100%, is operated by the company since 2009 and has modern facilities loading and unloading, storage of LNG and regasification, in addition to a depth that allows the docking of large ships. Currently, this plant receives liquefied natural gas and supplies it, through connecting gas pipelines, for industrial use and power generation in eastern Canada and the northeastern United States.

But beyond the Locationthis asset has the potential to be able to add natural gas liquefaction capacity to the existing plant for regasification for export to international markets. “It is a project that could be implemented with quite quicklybut still we are talking about a few years” before it can export LNG to Europe, Guilbeault said. In this sense, in a first phase a project could be developed with the capacity to supply 2 million tons of LNG per year (3.2 billion cubic meters of gas, equivalent to 10% of the consumption of Spain or 4% of the consumption of Germany) and the capacity could be expanded later up to the 8 million tons (22% of consumption from Spain, 9% from Germany).

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