Quebec government cancels $ 14 billion LNG project


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(MENAFN – Baystreet.ca) Quebec government cancels $ 14 billion LNG project

The government of Quebec has canceled a project to install liquefied natural gas (LNG) in Saguenay, north of Quebec, after years of opposition from citizens, Indigenous groups and environmental experts.
The decision effectively kills a $ 14 billion project that would have transported natural gas from Western Canada through Quebec to the port of Saguenay, then shipped it to overseas markets.
The government of the premier of Quebec, François Legault, had initially been a promoter of the project, which hoped to diversify the economy in a region largely dependent on the aluminum industries and forestry.
But the government has set three criteria for approving the installation of natural gas: it should help the transition to greener forms of energy, reduce greenhouse gas emissions and receive sufficient public support.
The government declared that the “Énergie Saguenay” project did not meet the first two criteria and that it was therefore canceled.
The $ 14 billion project included a plan to build a 780-kilometer pipeline from northern Ontario to the Saguenay region, and a separate project to build a plant to liquefy gas in Saguenay and load it. on tankers.
Natural gas would come from Western Canada, primarily from hydraulic fracturing operations in British Columbia and Alberta.
In June, federal environmental agencies determined that the project, which would involve large tankers traveling along the Saguenay River, would have threatened beluga whales. And last week, three Innu communities swore to oppose the project because of the negative impact it would have on the environment.

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