Business & Development

The new natural gas pipeline extending from the Canaport LNG terminal near Saint John to the New Brunswick/Maine border is expected to be completed later this month. The 30-inch diameter pipeline connects with the Maritimes and Northeast Pipeline on the St. Croix River at the border in Baileyville.

Cooke Aquaculture Inc. opened its Machiasport salmon processing plant earlier than expected and is adding more jobs than previously announced. Operating as True North Maine Inc.

"It's all gone to pieces in a big hurry," says lobster fisherman Laurence Cook of Seal Cove, Grand Manan. "It's an untenable situation with the price. It's very near production costs."

Downeast Pipeline LLC, an affiliate of Downeast LNG, which proposes to build a liquefied natural gas terminal (LNG) in Robbinston, was warned by the Federal Energy Regulatory Commission (FERC) to start its open season by Thursday, November 13, or risk FERC's reassessment of the commission...

The Federal Energy Regulation Commission (FERC) has dismissed the application submitted by Quoddy Bay LNG to construct a liquefied natural gas (LNG) terminal facility at Pleasant Point and Perry and a proposed pipeline to connect with the natural gas pipeline in Baileyville.

After lying dormant for a couple of years, the plan for a wind energy project on Grand Manan has passed from one company, Eastern Wind Power of Quispamsis, N.B., to First Wind of Newton, Mass., which is expecting to begin construction at the site next year.