Leader Michael Pintard yesterday raised concern over the government’s deal with Shell and FOCOL for the development of a liquefied natural gas (LNG) terminal.
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Senator Ryan Pinder said a new liquefied natural gas (LNG) terminal will be a joint venture between FOCOL and Shell, with construction of the first and second phase to amount to just under $200m.
Selling our energy at discounted prices to the U.S. has cost Canadians tens of billions of dollars in lost revenues.
The new contract prolongs the IMR vessel's stay with SUBCY for two more years and includes three yearly options.