Saint John LNG
Saint John LNG operates Canada's first LNG receiving and regasification terminal in Saint John, New Brunswick, providing 1.2 BCF/day send-out capacity and 10 BCF of storage to utilities, power generators, and industrial customers in Eastern Canada and the Northeastern United States under take-or-pay contracts with sole capacity holder Repsol.
- Company typePrivate
- Founded2009
- HeadquartersSaint John, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Saint John LNG does
Saint John LNG (legal entity: Canaport LNG Partnership Limited) operates a liquefied natural gas receiving, storage, regasification, and peak shaving terminal at the Irving Canaport deepwater site in Saint John, New Brunswick, Canada. The facility began commercial operations in June 2009 as Canada's first LNG receiving and regasification terminal and the first built on the East Coast of North America in 30 years. The terminal receives LNG via specialized double-hulled tankers through four unloading arms designed to accommodate the extreme tidal range of the Bay of Fundy, including the world's largest LNG carriers (Q-Max at 266,000 m³ and Q-Flex at 216,000 m³). Three 160,000 cubic meter full-containment LNG storage tanks, each featuring a 9% nickel steel inner shell, insulation layer, and 80 cm cryogenic concrete outer shell, provide a combined 10 BCF of above-ground storage — the largest in Canada and the US Northeast. The facility has a send-out capacity of 1.2 BCF/day, expandable to 2 BCF/day, and operates a boil-off gas compression system designed to minimize flaring and emissions.
The terminal operates as midstream energy infrastructure under a B2B enterprise model, generating revenue through regasification service tariffs and capacity fees on long-term take-or-pay contracts. Repsol (which completed 100% acquisition in November 2021) holds 100% of terminal capacity and supplies all LNG to the facility, marketing regasified output across Canada and the US. Irving Oil markets regasified LNG exclusively in Atlantic Canada under the legacy JV arrangement. End customers include natural gas utilities, power generators (natural gas supplies approximately 75% of electric generation in the Northeast US), and large industrial users in Eastern Canada and the Northeastern United States, with product delivered via the 145-km Brunswick Pipeline into the Maritimes & Northeast Pipeline network. The facility is operated by approximately 70 permanent staff and maintains ISO 45001:2018 certification for occupational health and safety management.
Saint John LNG firmographics
Firmographics- Name
- Saint John LNG
- Legal name
- Canaport LNG Partnership Limited
- Website
- https://saintjohnlng.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Saint John LNG operates Canada's first LNG receiving and regasification terminal in Saint John, New Brunswick, providing 1.2 BCF/day send-out capacity and 10 BCF of storage to utilities, power generators, and industrial customers in Eastern Canada and the Northeastern United States under take-or-pay contracts with sole capacity holder Repsol.
- Ownership category
- akta.pro rank
Saint John LNG industry classification
Industry- Product category
- LNG Terminal Operations & Regasification Services
- NAICS
- Pipeline Transportation of Natural Gas (4862)
- SIC
- Natural Gas Transmission (4922)
- akta.pro primary industry
- LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD)
- akta.pro secondary industries
- LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL)
Keywords
Where Saint John LNG is headquartered
LocationHeadquarters
- HQ city
- Saint John
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Saint John LNG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Others
Revenue model
- LNG Regasification Services: Terminal provides LNG receiving, storage, and regasification services. Repsol holds 100% of capacity through take-or-pay contracts. Irving Oil markets regassified LNG in Atlantic Canada; Repsol markets elsewhere in Canada and USA.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Saint John LNG product offering
Product offeringCore offering
Saint John LNG operates a liquefied natural gas (LNG) receiving, storage, regasification, and peak shaving terminal in Saint John, New Brunswick, Canada. The terminal receives LNG from international suppliers via specialized vessels, stores it in three full-containment cryogenic tanks (10 BCF total storage), and regasifies it for pipeline delivery to natural gas utilities, power generators, and industrial customers in Eastern Canada and the Northeastern United States.
Product overview
Saint John LNG operates a single unified core product: a world-class LNG receiving and regasification terminal in Saint John, New Brunswick, Canada. The terminal receives LNG via specialized ships, stores it in three insulated storage tanks, and regasifies it for distribution through the Brunswick Pipeline to markets in Eastern Canada and the northeastern United States. With a send-out capacity of 1.2 billion cubic feet of natural gas per day, the terminal serves as critical energy infrastructure for the region.
Differentiator
Problem solved
Functional benefit
Products and services
- LNG Receiving & Regasification Terminal Operations A state-of-the-art liquefied natural gas receiving and regasification terminal that receives LNG shipments via specialized double-hulled ships, stores LNG in insulated tanks, and converts it back to gaseous form for distribution via pipeline to markets in Eastern Canada and the northeastern United States. Operated for Repsol and offtake customers.
- LNG Storage Services Storage of liquefied natural gas in three large insulated LNG storage tanks, each capable of holding 3.3 billion cubic feet (BCF) of natural gas. Total storage capacity of 10 BCF gas equivalent, the largest above-ground LNG storage capacity in Canada and the U.S. Northeast. Provides supply flexibility, reliability, and peak-shaving capability for downstream gas markets.
- Boil-Off Gas (BOG) Compression System Upgrade Boil-off gas management capability via a fourth BOG compressor and new booster gas compressor that reduces flaring and emissions by routing BOG directly into the pipeline at operating pressure, improving terminal efficiency and environmental performance.
Quantifiable outcome
- 1.2 BCF/day capacity - enough to heat 5 million homes
- +2 more outcomes
Companies that use Saint John LNG
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Saint John LNG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Saint John LNG partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered major and core.
- SNC-LavalinmajorManaging the BOG compression system upgrade project ($43 million) on behalf of Canaport LNG. Part of original EPC contractor consortium.
- QatargasmajorMultiyear LNG supply agreement for delivery to Canaport LNG. Qatar-based company is the world's leading LNG exporter. Delivered first Q-Flex vessel to Canaport LNG in December 2009 - first LNG ship from Qatar to call on Canada.
- Lorneville Mechanical Contractors (LMC)majorSaint John-based mechanical service and engineering company awarded contract to construct steel interior and roofs of LNG storage tanks. Employed over 130 people at peak.
- OPRON INC.majorSaint John-based construction company awarded contract for concrete portion of LNG tanks. Estimated to create up to 240 jobs at peak during construction phase.
- SNC-CENMC (SNC-Lavalin and Saipem partnership)coreAwarded Engineering, Procurement, Construction (EPC) contract for onshore facilities and jetty topsides. Partnership between SNC-Lavalin of Montreal, Quebec and Saipem S.p.A. of Milan, Italy.
- Kiewit-Weeks-Sandwell PartnershipcoreConsortium awarded EPC contract for terminal's offshore facilities including the receiving pier. Partners: Peter Kiewit Sons Co. (St. John's, Newfoundland), Weeks Marine (Cranford, New Jersey), Sandwell Engineering (Vancouver, British Columbia).
- RepsolcoreRepsol holds 75% ownership and is the managing general partner of Canaport LNG. Repsol provides all LNG supply and holds 100% of terminal capacity. Markets regassified LNG in Canada and USA outside Atlantic Canada. Operates the terminal and manages its global LNG supply chain.
- Fort Reliance / Irving OilcoreFort Reliance (affiliated with Irving Oil) holds 25% ownership. Irving Oil markets regassified LNG in Atlantic Canada. Original partner that developed the Irving Canaport site and partnered with Repsol for LNG terminal development.
- Brunswick Pipelinecore145-km pipeline connecting Canaport LNG terminal to Maritimes & Northeast Pipeline for transport of regassified natural gas to markets in Canada and Northeastern US.
Scale indicators7 records
Recent moves6 records
Expansion highlights3 records
Saint John LNG competitors and assessment
Company assessmentOthers
- TC Energy (Pipeline Midstream): Major North American natural gas pipeline operator that owns and operates the Maritimes & Northeast Pipeline directly connected to Saint John LNG's send-out. Highly relevant ecosystem peer — the terminal is effectively a node on TC Energy's broader pipeline network, and TC Energy's downstream pipeline economics directly gate Saint John's market reach.
Emerging players
- Kinetrex Energy: U.S. LNG supplier for industrial and RNG customers with small-scale regas and transport assets. Compares to Saint John LNG only at the LNG value-chain level (import/storage/regasification for downstream gas markets) but operates at a very different scale and customer mix.
- New Fortress Energy: Developer of small-scale, distributed LNG infrastructure (regas terminals, FSRUs, ISO containers). Comparable to Saint John LNG in offering regasification/delivery infrastructure, but focused on smaller-scale, distributed end-use markets rather than large utility-scale regas terminals.
Direct peers
- Excelerate Energy: Specialist in FSRU-based LNG regasification solutions with operations including the Northeast Gateway offshore terminal (Massachusetts). Comparable to Saint John LNG in providing LNG receiving and regasification services, and represents the competitive FSRU alternative to land-based terminal infrastructure.
- Lake Charles LNG: Existing LNG regasification terminal on the U.S. Gulf Coast owned by Energy Transfer, currently being converted for export. Comparable as a peer LNG regas infrastructure asset with pipeline interconnection, demonstrating the lifecycle repositioning risk/option that LNG import terminals face in North America.
- Elba Island LNG (Southern LNG / Kinder Morgan): LNG receiving, storage, and regasification terminal on the Savannah River, Georgia, operated by Southern LNG (a Kinder Morgan subsidiary). Compares directly to Saint John LNG as a land-based East Coast (U.S.) regasification terminal with multi-tank storage and pipeline interconnection serving southeastern utility markets.
- Dominion Energy Cove Point LNG: LNG import and regasification terminal on the Chesapeake Bay in Maryland. Structurally the closest North American peer — a regasification-focused LNG terminal with peak-shaving, send-out capacity, and pipeline connectivity into the U.S. Northeast/Mid-Atlantic, analogous to Saint John LNG's role serving Eastern Canada/Northeast U.S.
Broad incumbents
- Cheniere Energy (Sabine Pass / Corpus Christi): Largest North American LNG infrastructure operator with the Sabine Pass and Corpus Christi facilities. While primarily an export operator, Cheniere's multi-train terminal model and U.S. Gulf Coast infrastructure provide a useful reference set for scale benchmarking of LNG terminal assets comparable to Saint John LNG.
- Venture Global LNG: U.S.-based LNG export developer (Calcasieu Pass, Plaquemines, CP2). Comparable to Saint John LNG as a major LNG terminal operator/developer, and relevant as a competitor for global LNG offtake flows that historically supplied the Saint John terminal.
- Woodside Energy (Pluto / North West Shelf LNG): Integrated global LNG producer and operator with both upstream and processing/regas exposure. Comparable to Saint John LNG as a downstream LNG player with global supply chain reach similar to Repsol's role as Saint John's offtaker and supplier.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Saint John LNG social profiles
Digital presenceSaint John LNG compliance and trust
Trust signalCompliance1 record
Saint John LNG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Saint John LNG leadership team
Management profileNumber of profiles
Profiles4 records
Saint John LNG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Saint John LNG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Saint John LNG
What does Saint John LNG do?
Saint John LNG operates a liquefied natural gas (LNG) receiving, storage, regasification, and peak shaving terminal in Saint John, New Brunswick, Canada. The terminal receives LNG from international suppliers via specialized vessels, stores it in three full-containment cryogenic tanks (10 BCF total storage), and regasifies it for pipeline delivery to natural gas utilities, power generators, and industrial customers in Eastern Canada and the Northeastern United States.
Is Saint John LNG a public or private company?
Saint John LNG is a private company. It is classified as corporate owned and is currently operating.
When was Saint John LNG founded?
Saint John LNG was founded in 2009. It employs 51 to 100 people.
Where is Saint John LNG based?
Saint John LNG is headquartered in Saint John, Canada, in the North America region.
How does Saint John LNG make money?
One revenue line is on record: LNG Regasification Services.
Who are Saint John LNG's main competitors?
TC Energy (Pipeline Midstream) is listed as an others. Emerging players are Kinetrex Energy and New Fortress Energy. Direct peers are Excelerate Energy, Lake Charles LNG, Elba Island LNG (Southern LNG / Kinder Morgan) and Dominion Energy Cove Point LNG. Broad incumbents are Cheniere Energy (Sabine Pass / Corpus Christi), Venture Global LNG and Woodside Energy (Pluto / North West Shelf LNG).
Does Saint John LNG have an API?
No public API is recorded for Saint John LNG.
What industry is Saint John LNG in?
Saint John LNG's product category is LNG Terminal Operations & Regasification Services. Its primary akta.pro industry code is EUALAEAD, LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG), with a secondary code of EUALAFAD, LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG). Its NAICS code is 4862 and its SIC code is 4922.