TransCanada nixes Quebec export terminal

Canada

CALGARY, ALBERTA, November 6, 2015 – TransCanada has cancelled one of two planned export terminals in eastern Canada intended to connect with the midstream company’s Energy East pipeline, it announced on Thursday. TransCanada will no longer build an export terminal in Quebec, but will go ahead with plans for a terminal in Saint John, New Brunswick.

TransCanada had been looking for a new site for a terminal in Quebec since April, when the company announced it had dropped its planned site at Cacouma due to opposition from local environmentalist groups. The company confirmed that its Energy East pipeline will still connect with the Suncor and Valero refineries in Quebec.

The Energy East project will see the construction of a 4,600-kilometre pipeline that will transport crude produced in the western provinces of Alberta and Saskatchewan to refineries and export terminals in eastern Canada. The pipeline is being designed for a throughput capacity of 1.1 million barrels of oil per day and is scheduled to go on stream by 2020.