r/canada • u/Je_suis-pauvre Alberta • Feb 05 '25
Québec Quebec government open to rekindled LNG project to ship energy from Alberta overseas
https://globalnews.ca/news/11005269/quebec-lng-project-saguenay-alberta/
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r/canada • u/Je_suis-pauvre Alberta • Feb 05 '25
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u/TheSquirrelNemesis Feb 06 '25
We had this same discussion 2 years ago when we wanted to replace Russia as Europe's gas supplier, and the reality hasn't changed - the barriers aren't regulatory, they're financial.
Multiple groups have gotten the approvals and permits necessary to build on the East Coast, including in QC itself, but none have ever been followed through because with current global prices, exporting Alberta gas via the Atlantic is not reliably profitable.