$15b LNG project annouced

[Boges]

Quote

 

St. John’s-based Fermeuse Energy Ltd. has unveiled plans for a new $15-billion liquefied natural gas (LNG) project off the coast of Newfoundland, and the company’s CEO says the announcement would never have happened without policy changes introduced by Prime Minister Mark Carney.

“Without that, we would not be having a conversation today,” Swapan Kataria, CEO of both Fermeuse Energy and its project partner, London, UK-based Crown LNG, told The Energy Mix Tuesday.

“Prime Minister Carney has now started a momentum, started a movement, almost, to build a country,” Kataria added. “I hope he sticks to it, because there are a lot of people like us who committing to put their life and energy and money into building projects in Canada.”

The Fermeuse Energy development would include a 380-kilometre pipeline to carry gas from the Jeanne d’Arc Basin east of St. John’s to a liquefaction facility in Fermeuse, about 90 kilometres south of the city, the Globe and Mail reports.

 

https://www.theenergymix.com/lng-developer-announces-15b-project-off-newfoundland-says-carney-policy-changes-made-it-happen/

I guess Carney has actually been doing things since coming to office after all. 

[Politics1990]

sounds  good anyway see if it actually happens though lol

[LinkSoul60]

Good to see the infrastructure projects everyone wanted starting to take shape with Carney's leadership. 

Those hoping for this government's failure may end up being real disappointed as other projects are announced.

[Shady]

28 minutes ago, Boges said:

https://www.theenergymix.com/lng-developer-announces-15b-project-off-newfoundland-says-carney-policy-changes-made-it-happen/

I guess Carney has actually been doing things since coming to office after all. 

LOL, did Carney's office write the press release?

[Shady]

21 minutes ago, Politics1990 said:

sounds  good anyway see if it actually happens though lol

If you read the whole release, it's still very much up in the air.  If it does get built, we're looking at 2030 at the earliest for operation.  Apparently it's all due to changes Carney made, but it doesn't say what those changes are.

[Legato]

Pipe dreams again. The Jeanne d'Arc Basin gas is still in the "lets look see" stage.

So after 27 committees to appoint study groups to asses the assessments and a myriad of environmental studies to provide studies, maybe the project will go ahead. Probably 10 years from now there will be another announcement.

[Nationalist]

46 minutes ago, Boges said:

https://www.theenergymix.com/lng-developer-announces-15b-project-off-newfoundland-says-carney-policy-changes-made-it-happen/

I guess Carney has actually been doing things since coming to office after all. 

Now let's see him do something for the west.