GNL Quebec Lining Up Supply for Eastern Canada’s Proposed Energie Saguenay LNG Project

The pandemic delayed but failed to kill the $10.6 billion plan for Atlantic seaboard liquefied natural gas (LNG) exports from French Canada, according to project sponsor GNL Quebec Inc.

Still, public health precautions that slowed preparations and regulatory review have postponed the target date for starting shipments by two years until late 2026, President Tony Le Verger told NGI in an interview.

“I’m optimistic,” Le Verger said. Instead of pausing until the Quebec government keeps a promise to make a hotly contested environmental approval decision this summer, GNL is lining up its gas supply.

The firm has a 25-year federal license to export up to 1.8 Bcf/d from the proposed Energie Saguenay terminal. The terminal is named after its industrial town site at an...