RE: : Strong BuyNalcor Energy CEO Ed Martin spoke Wednesday to the St. John's Board of Trade luncheon meeting. Here is part of the article from The Telegram Published on December 16th, 2010.
Many of those opportunities flow from the Maritime link connecting the island portion of the province with the rest of the North American electrical grid. One example: the possibility of generating electricity from natural gas, also known as gas-to-wire. It’s also an alternative to building pipelines to export natural gas. The idea came up during a question and answer session with the audience. Martin said gas-to-wire is not a key focus for Nalcor right now, but it could be a long-term opportunity. “We’re always looking for any opportunities,” he told reporters following the speech. “It’s no secret that we’ve hit gas at Parsons Pond. We don’t know the quantity yet.”