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Home Terminal News

TransCanada scraps tank terminals plan for pipeline project

April 2, 2015
in Terminal News
2 min read
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TransCanada has announced its decision not to construct a marine and associated tank terminals as part of its Energy East pipeline project in Quebec.
The energy infrastructure company said that the decision followed the recommended change in status of the Beluga whales to endangered as well as ongoing discussions with communities and key stakeholders.
Potential alternative terminal options in Quebec are being reviewed.
Russ Girling, TransCanada’s president and CEO, says: ‘We have listened and our decision reflects that. Our goal has been to strike a balance between TransCanada’s commitment to minimising environmental impacts and the imperative to build modern infrastructure to safely transport the energy Canadians need and consume every day.’
Girling says that the project represents the opportunity to establish a reliable supply of primarily Western Canadian crude oil for refineries in Quebec and New Brunswick.
The company will be advising the National Energy Board that they will not be proceeding with a marine terminal in Cacouna and is evaluating other options.
The result of this alteration to the project scope and refinement of the project schedule is expected to result in a service date of 2020.

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About Tank Storage Magazine

Tank Storage Magazine is published by Easyfairs UK Ltd.

Tank Storage Magazine is the leading industry publication dedicated exclusively to the bulk liquid storage and terminal sector.

It has been delivering the latest news, developments, analysis, products and innovations for 15 years.

Published 7 times a year, the publication is read by CEOs, terminal managers, business development managers and senior engineers within the oil, gas and petrochemical market.

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