$1 billion liquid natural gas terminal, pipeline approved for Quebec – Daily Commercial News: "July 3, 2007
$1 billion liquid natural gas terminal, pipeline approved for Quebec, and will, in part, serve northeastern U.S.
Project expected to create 500 jobs
Plans to build a $1-billion liquid natural gas terminal and a pipeline network in northeastern Quebec has been given the go-ahead by the federal and provincial governments.
Quebec Natural Resources Minister Claude Bechard said the project at Gros-Cacouna, near Riviere-de-Loup, is necessary for the province’s natural gas needs.
“Quebec needs natural gas,” he said at a news conference in Quebec City. “We’re at the end of the network, there is less and less gas coming from the West.”
Construction of the terminal, which will be undertaken by Transcanada Pipeline and Petro Canada under the banner of Energie Cacounam, is expected to take between one and two years."
