Emera Aims to Become Supplier of Natural Gas to Maritimes

The Chronicle Herald reported that Emera Inc. (TSX:EMA), a Halifax energy conglomerate, is hoping to provide a stable supply of natural gas to Canada’s maritimes. According to the Chronicle Herald, Emera could use its Maritimes and Northeast pipeline to supply gas to Canada’s east coast markets as well as to the markets in New England it now mainly supplies. The company could be looking at markets further south as well.

As quoted in the publication:

President and CEO Chris Huskilson says that the last couple of winters have highlighted natural gas “restraint issues” in the Maritimes. As a result, Emera may have discovered a business opportunity.

Emera CEO, Chris Huskilson, said:

With these challenges ahead of us, we feel there is an opportunity to secure a more stable gas supply for the region. Emera recently made this a business development focus and has a team looking at future solutions.

Click here to read the full Chronicle Herald article.