Gaz Metro CEO: LNG Supply Agreement for Rabaska LNG “Unlikely in the Short Term”

Sophie Brochu, CEO of Gaz Metro, told the Montreal Gazette that negotiations with Gazprom for LNG supply for the proposed Rabaska LNG import terminal have “slowed” and that “signing of an agreement is unlikely in the short term.” Brochu cited uncertainties in the financial, commodity, and construction markets as reasons for the delay.

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