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

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

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“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.

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Repsol scraps east coast Canada LNG plans, says no business caseEnergy company Repsol decided against developing an LNG terminal on Canada\u0027s east cost because shipping the gas would cost too much. Read on 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.....
Source: nationalpost - 🏆 10. / 80 Read more »