Irving Oil Submits EIS for Liquefied Natural Gas Facility

Irving Oil has submitted its Environmental Impact Statement (EIS) for a proposed Liquefied Natural Gas (LNG) facility for the government's review and approval prior to public release. Once released to the public, the final government decision would be within 60 to 90 days.

"Today marks a significant milestone for our proposed LNG project," said Gary Bischof, General Manager of Processing and Transportation at Irving Oil. "After close to three years of assessing the environmental impact and the benefits of the project, we have submitted the results to government for their review. This project will build on existing energy infrastructure in the region to enhance the platform for future investment and economic opportunities."

"Our LNG project has been subject to the most rigorous and thorough review that any similar LNG project has undergone over the last two years," continued Mr. Bischof, "and we are pleased with the extensive study and high standard of diligence, transparency, and public input. We are particularly proud of the efforts of our Irving Oil team and the companies who have worked with us for two years to bring us very close to the finish line on the permitting process."

Irving's liquefied natural gas project was first announced in July 2001. Early and thorough public consultation on the project has included three public meetings in Saint John to address questions from the public and over fifty additional stakeholder sessions. This has ensured the involvement of the community in the environmental assessment process.

With this submission, the company's permit application enters the final stages of the Environmental Impact Assessment process. More information on the public process, including a public meeting, will be available from the provincial government as the process continues.

The LNG Project is located at the Irving Canaport terminal in Saint John, New Brunswick, Canada.

Irving Canaport is situated in the most densely industrialized region north of Boston and is closer by ship than Houston to ports in Venezuela, Brazil, the North Sea and West Africa. In continuous operation since it opened in 1970, Irving Canaport was the Western Hemisphere’s first deepwater terminal. Irving Canaport was expanded in the 1970s and was completely modernized in the late 1990s. It is one of the most modern and well-equipped receiving terminals in North America and has held a municipal zoning permit for handling natural gas for several years. Situated 60 miles from the US border, Irving Canaport covers 1,802 acres and has a water depth of 128 feet at low tide.

The Irving Canaport terminal is connected by pipelines to the Irving Oil Refinery five miles away. The total tank capacity is 12.5 million barrels. In addition to being linked to the Irving Refinery by pipelines, Irving Canaport is connected to the nearby Bayside and Coleson Cove Power Plants by pipelines. The total nameplate capacity of these two power plants is 1,325 megawatts. Irving Canaport is also connected to pulp, paper, and tissue mills.