Project description

Since 2014, GNL Quebec has been developing, in close collaboration with the community, the Énergie Saguenay project, a natural gas liquefaction complex project on the Saguenay industrial-port area.

9 billion

dollars of investments

6000 jobs

direct and indirect

The project includes liquefied natural gas (LNG), storage and transshipment facilities and is based on an investment estimated at $9 billion Canadian. Énergie Saguenay is driven by the vision of setting new standards in its industry while producing the greenest LNG available on the market.

In addition to generating major economic spin-offs in Quebec in the short, medium and long term, the project aims to support climate change efforts in Europe, Asia and elsewhere, by providing transitional energy to replace other more polluting energies, such as coal and fuel oil. The Énergie Saguenay project is distinct from all other LNG projects around the world since it will be 100% hydroelectric, making it the liquefaction plant with the lowest environmental footprint in the world.   Moreover, LNG Quebec has made a commitment to convert its plant into a carbon-neutral one by offsetting all direct GHG emissions from its complex.

Broadly speaking, the Énergie Saguenay project aims to build three main types of components on the site: natural gas liquefaction installations, LNG storage tanks and a jetty to transfer liquid natural gas to tankers specially designed for this purpose.

The project involves the liquefaction of 11 million tons of natural gas per year. This 100% Canadian gas will be transported to Asian and European markets, where it will be used mainly to replace coal and fossil fuels, particularly in the production of electricity. The use of natural gas instead of coal and fossil fuels reduces greenhouse gas emissions by 50% and 30% respectively, in addition to emitting practically no polluting particles into the atmosphere. The Énergie Saguenay project would allow the region and Quebec to position themselves as levers in the fight against climate change and global air pollution.On an international scale, natural gas is a source of energy in increasing demand, due to its GHG properties, as well as supporting the development of 100% renewable energies.

Through the use of clean, renewable hydroelectricity to power the liquefaction process, the Énergie Saguenay plant will emit 84% fewer GHGs than a comparable plant in the United States. The LNG produced will be the most sustainable worldwide and the liquefaction complex will be the first in the world to operate 100% on electricity from the existing network, making the project a technological showcase.

The construction of the project is expected to begin in 2021 and be operational in 2025.   Currently, the project is in the environmental impact analysis stage, both on the federal and provincial side.

Economic benefits

DURING CONSTRUCTION (4 YEARS)

  • 6,000 direct and indirect jobs, including 4,000 direct jobs on the site, during peak periods;
  • Spin-off: $605 million per year;
  • Tax revenue: $100 million per year.

DURING OPERATIONS

  • 1100 direct and indirect jobs during the operating period, including some 250 to 300 jobs distributed between the site and the administrative offices in Saguenay;
  • Spin-off: $807 million per year;
  • Tax revenue: $110 million per year.

OTHER BENEFITS

  • Opportunities for businesses in the region (services, workmanship and materials);
  • Increased potential gas supply to the region;
  • Diversification of the regional economy;
  • Development of expertise in the LNG production and transportation;
  • Development of a new niche for research and teaching;
  • Quebec will benefit from the large-scale purchase of hydroelectricity;
  • Increase in tax revenues for the region and its governments.

The economic benefits of the Énergie Saguenay project will be considerable not only for the Saguenay–Lac-Saint-Jean region, but also for Quebec and all of Canada.

Environmental properties

Determined to surpass the requirements and set new standards for all its activities, the Énergie Saguenay team voluntarily commissioned the International Reference Centre for the Life Cycle of Products of Montréal in order to conduct a life cycle analysis of the project. This analysis confirmed that the plant will emit 84% less GHG than a comparable plant in the US and that, under a conservative scenario, the project would reduce global GHG emissions by 28 million tons each year, the equivalent of removing over 7 million cars from the roads.

In keeping with the principles of sustainable development, the team has been actively working with the community and with scientists from all walks of life since 2014, to improve and evolve its practices with a view to reducing impacts. This led Énergie Saguenay to mandate the Chaire en écoconseil of UQAC[1]  to identify the best measures to be implemented to offset the plant’s GHG emissions.   Simulations and concerted approaches are also underway with navigation experts to find proactive measures to reduce navigation impacts.

[1] Eco-Consulting Chair of Université du Québec à Chicoutimi

Source : GNL Québec – Énergie Saguenay

Why the Saguenay IP Zone?

« For GNL Quebec, the Port of Saguenay Industrial-Port Zone is a prime location for a project of the size and nature of Énergie Saguenay.
The Zone is in deep water and is accessible year-round.   It is located in an area remote from inhabited sectors, but close to all services, and is served by an airport, a divided-lane road, and a rail service. Moreover, Port of Saguenay is at the heart of a region familiar with major projects and endowed with a workforce and companies accustomed to major projects. »

 

—Stéphanie Fortin, Director, Public Affairs and Community relations

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