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Stolt LNGaz plant approved

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LNG Industry,

The Quebec government has approved the Stolt LNGaz natural gas liquefaction plant development in Becancour, Quebec, Canada. The plant is expected to produce 500 000 t of LNG. Distribution is due to begin in 2018.

Rodney Semotiuk, CEO of Stolt LNGaz, said: “With the Bécancour project, Quebec will become the global model for the production and distribution of LNG on a regional scale.”

In addition, Stolt LNGaz announced the signing of major partnership agreements with two large Quebec companies, Petro-Nav, a subsidiary of Groupe Desgagnés, and Servitank, a subsidiary of Groupe Somavrac.

Louis-Marie Beaulieu, President and CEO of Groupe Desgagnés, stated: "We are pleased to announce this partnership between our subsidiary Petro-Nav and Stolt-Nielsen, which will see us become the co-owners and operators of the tanker ships that will serve Stolt LNGaz customers on the North Shore and possibly even customers on other Canadian coasts."

"Servitank is a natural partner for the safe transportation of LNG by road tankers from Stolt's regional terminals to its clients' facilities,” commented Marc Paquin, President of Groupe Somavrac.

Edited from press release by

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