EXPORT TERMINAL FOR LIQUEFIED NATURAL GAS (LNG) – ÉNERGIE SAGUENAY PROJECT
LNG Québec is exploring the possibility of constructing a natural gas liquefaction, storage and transshipment facility to export 11 million tons of liquefied natural gas (LNG) per year, from north american supply sources; It is expected to be operational by 2021. The value of this project is estimated at $ 7.5 billion (CAD).
The LNG liquefaction complex will be built on land owned by the Saguenay Port Authority, close to the existing Grande-Anse terminal. The project is expected to generate 4,000 jobs during construction each year, as well as 800 jobs in Quebec for the operation of the liquefaction plant, of which 300 are on-site.
LNG Québec will build the world's first LNG plant powered by hydroelectricity from an existing local area network, thereby significantly reducing GHG emissions and operating costs compared to other large natural gas liquefaction plants. This major asset will set a new benchmark in the sector.
For more information on the project, visit www.energiesaguenay.com