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Liquified natural gas: Quebec rules out controversial mega-project in Saguenay


The Quebec Minister of the Environment and the Fight against Climate Change, Benoit Charette, settled the debate by denouncing a project "which has more disadvantages than advantages".

The battle for the creation of a liquefied natural gas (LNG) plant project, coupled with a gas pipeline, in the Saguenay region, lasted seven years.

On the one hand, the companies Gazoduq and GNL Québec, a consortium of international investors.

On the other, environmental activists and First Nations (indigenous peoples).

Between the two, public opinion, then the Quebec government played the arbitrators, before leaning definitively against this project called Énergie Saguenay.

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GNL Quebec had proposed to invest $ 9 billion in the construction of its LNG plant on the banks of the Saguenay River.

Gazoduq, for its part, would have added $ 5 billion to build a 780 km pipeline connecting the gas lines of northeastern Ontario - from which Western Canadian natural gas arrives - to the future plant.

According to its promoters, the project would have made it possible to transform 11 million tonnes of natural gas per year in the liquefaction plant

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Source: lefigaro

All business articles on 2021-07-25

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