Energie Saguenay LNG Terminal

From Global Energy Monitor
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Energie Sanuenay LNG Terminal was a proposed LNG terminal in Port Saguenay, Quebec, Canada, also known as GNL Québec Terminal. The projects was effectively cancelled in July 2021 when the provincial government rejected the proposal.[1]

Location

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Project Details

  • Parent: GNL Quebec (a subsidiary of Ruby River Capital LLC)[2]
  • Location: Port Saguenay, Quebec, Canada
  • Coordinates: 48.441644, -70.697435 (approximate)
  • Type: Export[2]
  • Trains: 2[2]
  • Capacity: 11 mtpa (5.5 mtpa per train)[2]
  • Status: Cancelled[1]
  • Start Year: 2025[3]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

GNL Quebec had been developing the Énergie Saguenay Project since 2014, involving the construction of a natural gas liquefaction complex at Port Saguenay. The goal was to export 11 million tonnes of liquefied natural gas (LNG) per year, sourced from western Canada. The Project included liquefaction equipment, storage facilities, and marine shipping infrastructures. The Project was worth an estimated US$7.2 billion and was slated to start operations in 2025. GNL Quebec aimed to build the world’s first LNG facility of such magnitude to be powered by hydroelectricity from a preexisting local grid. The LNG complex would be installed on lands belonging to the Administration portuaire de Saguenay (Saguenay Port Authority), adjacent to the existing Grande-Anse port facilities. Natural gas supply would have required a new gas pipeline, called the Energie Saguenay Gas Pipeline, linking the facility to the main transportation system in northeastern Ontario, making it possible to source gas from western Canada. Gazoduq inc. was the company developing the new infrastructure.[3]

There had been no progress on the project since 2014, and in March 2020 Berkshire Hathaway announced that it would not be investing roughly $3 billion in the project. According to the report, the Berkshire Hathaway decision was linked to rail blockades opposing pipeline construction in British Columbia. Despite Berkshire Hathaway's decline.[4]

The project was effectively cancelled in July 2021 when the provincial government rejected the project, citing that developers had failed to prove that it would cut global greenhouse gas emissions.[1]

Articles and resources

References

  1. 1.0 1.1 1.2 Gordon Jaremko, Quebec Quashes Energie Saguenay LNG Terminal on Environmental Grounds, Natural Gas Intel, July 22, 2021
  2. 2.0 2.1 2.2 2.3 Barry Cassell, Canadian agency reviews application for Énergie Saguenay LNG project in Quebec, Transmission Hub, December 4, 2015
  3. 3.0 3.1 "Project Summary" Energie Sanuenay , accessed April 2019
  4. Alison Healey, "Berkshire Hathaway Drops Canadian LNG Project," The Motley Fool, March 6, 2020

Related GEM.wiki articles

External resources

External articles