May 5, 2011 / 3:18 PM / 9 years ago

Canaport LNG shut for planned work, back by June

NEW YORK, May 5 (Reuters) - The Canaport liquefied natural gas (LNG) import terminal in New Brunswick, Canada, shut this week for planned maintenance and is expected to return to service by June, the terminal operator said Thursday.

Canaport LNG, a partnership between Repsol (REP.MC) with 75 percent and Irving Oil, with 25 percent, confirmed maintenance began and terminal operations were shut down. “The warranty related maintenance will be completed within the month of May,” a spokeswoman said.

Maintenance includes work on a valve within the process equipment as well as the inspection of other equipment throughout the facility, the operator said previously.

A faulty valve in one of the terminal’s submerged combustion vaporizers has not been used since the terminal became operational in 2009. Use of the valve is expected to help the terminal reach its maximum sendout capacity of 1.2 billion cubic feet per day.

The terminal, which supplies eastern Canada and the Northeast United States, received five cargoes in January totaling 22 bcf, four cargoes in February (17 bcf) and three in March (14 bcf), according to Waterborne LNG analysts in Houston. (Reporting by Eileen Moustakis; Editing by Alden Bentley)

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