Encana says Deep Panuke almost fully operational
Posted Aug 14, 2013 07:20:23 AM.
This article is more than 5 years old.
HALIFAX – A spokeswoman for Encana says a natural gas platform off the coast of Nova Scotia is close to becoming fully operational.
Lori MacLean says natural gas is now being exported from the Deep Panuke project.
But she says it will be a couple of weeks before the project reaches a stable production level.
Deep Panuke was given the go-ahead to start the flow of gas earlier this month by the Canada-Nova Scotia Offshore Petroleum Board.
The project has been plagued by delays since it received regulatory approval in 2007.
It was initially supposed to go into production by late 2010.
Nova Scotia has said it stands to receive between 50-million dollars and 300-million dollars in royalties over Deep Panuke’s forecasted lifespan of 13 years.
