Quebec Considers Reviving LNG Project Amid Tariff Threats
The Quebec government is open to reviving a controversial liquefied natural gas (LNG) project in the Saguenay region. This project aims to facilitate the export of energy from Alberta to international markets. The renewed interest comes after previous refusals to authorize the GNL Québec Inc. liquefaction facility and export terminal in 2021 and 2022, primarily due to environmental concerns.
Environmental Concerns and Political Pressure
Quebec Environment Minister Benoit Charette stated that he is “not closed” to energy projects that adhere to environmental protection standards. This statement indicates a potential shift in the province’s stance on energy projects. The urgency for Canadian oil and gas producers to seek new export markets has increased, especially in light of U.S. President Donald Trump’s threats to impose tariffs on Canadian energy.
The political landscape is also shifting. Earlier this week, Éric Duhaime, the leader of the Quebec Conservative Party, urged Premier François Legault to relaunch the GNL Québec project. Duhaime, whose party currently holds no seats in the legislature, has also called for the construction of new oil pipelines in the province. His push reflects a growing sentiment among some political leaders to explore energy export options amidst external pressures.
The revival of the LNG project could have significant implications for Quebec’s energy landscape and its relationship with Alberta. As the province navigates environmental concerns and political pressures, the future of the GNL Québec project remains uncertain but increasingly relevant in the current energy discourse.
Source: globalnews.ca