Repsol

Achievements

• Repsol is involved in an integrated LNG project in Trinidad and Tobago, where together with BP, BG and other companies, it holds a stake in the Atlantic LNG liquefaction plant.
  
• Its strategic geographical location enables it to supply the markets around the Atlantic (Europe, United States and the Caribbean) under advantageous economic conditions.
  
• Repsol, together with Irving Oil, holds a stake in the Canaport project for the construction and operation of the first LNG regasification plant on Canada's east coast.
  
• With a 75% stake, Repsol will be the operator of the plant and will supply LNG to the terminal corresponding to the total regasification capacity.  
  
• It is anticipated that the plant will become operational in the first half of 2009.
  
• In Peru, the company is developing the integrated liquefied natural gas project "Peru LNG", one of the major initiatives foreseen in the Strategic Plan 2008-2012 and which, together with Canaport, is key to the growth of the company. Since 2005, Repsol has held a 20% stake in the project, in which it is partnered by Hunt Oil (50%), SK (20%) and Marubeni (10%).      

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