www.pertambangan.org/2006/10/05/the-new-oil-and-gas-hub -
[Cached Version]
Last Visited: 2/1/2008
"There is tremendous momentum around the idea of an energy hub in Saint John," said Steve Carson, chief executive officer of Enterprise Saint John, the economic development office for the port city.
Mr. Carson, who would not comment on the Irving project, said the region is swimming in energy investment, with about $3-billion already committed and more likely to come.Much of the activity is aimed at markets in the United States, about 110 kilometres away.
...
The concept of an energy hub is also gaining momentum from the presence of Repsol, which is investing in New Brunswick as a foothold in the North American market, Mr. Carson said.