Das Wiederbelebung des Quebec LNG -Projekts wäre kostspielig, wahrscheinlich unrentabel: neuer Bericht
https://www.cbc.ca/news/canada/montreal/lng-quebec-project-new-report-1.7541141
Das Wiederbelebung des Quebec LNG -Projekts wäre kostspielig, wahrscheinlich unrentabel: neuer Bericht
https://www.cbc.ca/news/canada/montreal/lng-quebec-project-new-report-1.7541141
3 Kommentare
> LNG production is expected to grow by 40 per cent from 2024 to 2028, driven by projects in the United States and Qatar, and demand is not expected to keep pace. A project to transport natural gas from Western Canada to an export terminal in Quebec’s Saguenay region was cancelled in 2021 due to environmental risks and public opposition
We didn’t build it when it would have been profitable and allowed the comptetion to leapfrog us and we shouldn’t build it now because we allowed the competition to leapfrog us.
>The advocacy group says inflation could balloon the project’s price tag to more than $33 billion, and public money would likely be required.
The only reason costs are so high and public money is required is due to Bill C69. Energy companies are literally unable to get financing while bill C69 is in place to build these projects, it’s why they call it the „no pipelines“ bill. Just look at what happened with TMX after the Liberals bought it, to comply with their own bill the cost exploded. They had to move over 100 anthills, the insect has a biomass higher than 20% of humans on the planet had to be relocated.
Key excerpt:
> Demand for LNG in Europe dropped by 18 per cent between 2022 and 2024, and Canadian exports would have a hard time competing in Asian markets, says advocacy group Investors for Paris Compliance. „Investing in infrastructure that will be very expensive and likely won’t be profitable will weaken our economy rather than strengthen it,“ Renaud Gignac, an economist and senior adviser for the group, said in an interview. In a report published Thursday, Gignac notes LNG production is expected to grow by 40 per cent from 2024 to 2028, driven by projects in the United States and Qatar, and demand is not expected to keep pace. „This is significant,“ Gignac said. „What this means is that the profitability of any new project is compromised because we risk seeing downward pressure on prices.“
The EU is making a concerted effort to get off imports of foreign LNG and to shift to self-sufficiency. They are massively investing in renewables. They are already rapidly cutitng their consumption of natural gas:
> Europe’s LNG imports decline 19% with gas demand at 11-year low https://ieefa.org/articles/europes-lng-imports-decline-19-gas-demand-11-year-low
– Gas demand reduction policies and renewable energy deployment helped drive a 19% decrease in Europe’s LNG imports in 2024.
– Half of the EU’s LNG regasification terminals had a utilisation rate below 40% last year.