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Spanish company drops LNG terminal in New Brunswick citing high costs to ship gas

Summary by Ground News
Spanish company behind proposal to export liquefied natural gas to Europe through a terminal in Saint John, N.B., has announced it will not go ahead with the project. New Brunswick Premier Blaine Higgs said Friday he was disappointed by Repsol's decision. The owner of the Saint John plant had meetings with the federal government in June.

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CBC News broke the news in Canada on Thursday, March 16, 2023.
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