Côte‑Nord region in Canada issues call for proposals for LNG supplies
The call for proposals was announced in Québec's 2018-2019 Economic Plan and is the first step in a process designed to supply LNG to large manufacturing companies, mining companies, ship owners and maritime transportation companies in the Côte-Nord region.
Access to stable supplies of LNG at a competitive price, along with the creation of an effective logistics chain for distribution purposes, will help promote economic development in the region.
The availability of natural gas will also allow companies to become more competitive, and will serve as an incentive to attract new industrial projects.
The result will be an increase in the quantity of LNG consumed and a faster return for the supplier.
In addition, the availability of natural gas should gradually reduce the use of more pollutant petroleum products such as heavy and light fuel oil.
The financial benefits for major consumers of non-renewable energy should also be significant, in particular for companies subject to Québec's cap-and-trade system for greenhouse gas emissions (SPEDE).
Interested promoters have until October 15, 2018, to present a detailed offer based on the requirements set out in the call for proposals. ■