Phillip Knoll told an energy conference Thursday in Halifax thatÂ Canaport LNGÂ in Saint John is underutilized and a candidate to make the switch.
âThere are international parties very interested in that,â he said during a panel about onshore development.
âBut those parties need a portfolio of supplies that can backstop a long-term supply for them, a 20-year supply of a sizable resource.â
In an interview, Knoll said there has been interest from western Europe, India and China in having natural gas shipped from Eastern Canada rather than continue to bring fuel in.
âAcross the world, theyâre looking for economical access to natural gas.â
Corridor of Halifax owns the McCully gas field near Sussex and is also exploring three large oil and gas prospects: Old Harry, an undersea area in the Gulf of St. Lawrence, Quebecâs Anticosti Island and the Frederick Brook shale play near Elgin, N.B.
Knoll said he also thinks companies would be interested in converting theÂ Repsol-led operation, which is reported to be for sale.
âIâm sure there are numerous parties interested in Repsolâs LNG value chain.â
Canaport, partially owned byÂ Irving Oil, could be converted to an export facility in about 18 months, he said.
The Nova Scotia and New Brunswick governments should encourage more use of Atlantic Canadaâs natural gas infrastructure, including theÂ MaritimesÂ and NortheastÂ pipeline, Knoll said.
âOur ability to attract industry here and to develop an ability to export more energy into the U.S. northeast is dependent on us engaging this situation.â
British Columbia, one of the areas working to develop oil and gas reserves, lags behind this region when it comes to infrastructure needed to create export markets, he said.
However, the western provinceâs campaign to build pipelines and LNG terminals has sparked controversy in the same way the handful of proposed projects have here.
Other panellists said the industry has work to do to convince government and the public that development can be done without harming the environment.
LNG: Corridor Resources ponders increasing sales of natural gas by exporting through Saint John.