Repsol through various affiliates coordinates the marketing and trading of our U.S. and Canada natural gas production as well as third-party volumes through our Gas Trading North America division.
Repsol provides a full range of natural gas trading and origination services, including baseload gas purchases, baseload gas sales, structured and daily natural gas transactions, seasonal and peaking gas supply services, daily natural gas trading and asset management. We have a strong upstream portfolio and direct access to storage and transportation capacity throughout North America, as well as an LNG portfolio.
We operate the Canaport™ LNG regasification terminal in Saint John, New Brunswick, which has a maximum send-out capacity of 1.2 billion cubic feet per day and over 10 BCF of storage. Repsol has 100% of this capacity under contract.
As natural gas continues to gain momentum as the clean and efficient fuel-of-choice, Repsol is well positioned to reliably deliver the supply required to meet this rising demand.
Repsol can deliver solutions to your price risk management needs. Our presence in the natural gas markets gives us the ability to manage price risk through the use of oil commodity futures and their derivatives.