TransCanada, Petro-Canada to develop LNG facility at Gros Cacouna, Quebec

TransCanada Corp. and Petro-Canada have signed a memorandum of understanding to jointly develop "Cacouna Energy," an LNG receiving and storage terminal and regasification plant adjacent to the existing harbor at Gros Cacouna, Quebec—about 15 km northeast of Rivière-du-Loup. The proposed facility would have an average send-out capacity of 500 MMcfd/year of natural gas.

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