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March 16 (Reuters) – Repsol has informed the
Canadian government that an east coast liquefied natural gas
project (LNG) is not economically viable because the cost of
transporting gas to the terminal would be too high, a Canadian
government spokesperson said on Thursday.
Spanish company Repsol had been looking into developing an
LNG export terminal in St. John, New Brunswick, to supply
European markets.
(Reporting by Nia Williams; Editing by Leslie Adler)
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