New report casts doubt on potential revival of Quebec LNG project
Construct Connect Canada
AI Article Summary
A recent report by a shareholder advocacy group suggests that reviving a liquefied natural gas (LNG) export project in Quebec's Saguenay region would be costly and unlikely to be profitable. The report comes amidst renewed interest in new pipelines across Canada, driven by economic threats from the U.S. Despite these interests, the demand for LNG in Europe has decreased by 18% between 2022 and 2024, which challenges the project’s viability.
