Repsol scraps east coast Canada LNG plans, says no business case

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Energy company Repsol decided against developing an LNG terminal on Canada\u0027s east cost because shipping the gas would cost too much. Read on

Play Video

“Following a study carried out by the company, it was determined to not continue with the Saint John liquefaction project as the tolls associated to it made it uneconomical,” a Repsol spokesperson said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Years of lack of support for a pipeline eastward, ensured this outcome, now. The west will lead the way for the country, regardless of this obstructionist history.....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines