Gazoduq sets the facts straight
Gazoduq would like to comment on certain information, some of it inaccurate, published in an open letter earlier this week concerning its underground natural gas line project.
$36M ... per year
First of all, the letter referred only to economic benefits of $36M for the duration of the project. That is incorrect. Gazoduq actually announced economic benefits in the amount of $36M per year in Quebec and in Ontario. This amount represents solely the annual and recurring benefits that Gazoduq would pay to the communities in the form of taxes and through its Community Fund. The full picture of the direct and indirect economic benefits, including those for the Indigenous communities, will be known in the coming months as a result of independent studies.
A gas line and nothing more
The open letter also pointed to the presumed risk that once the gas transmission line has been built, the route created would encourage the construction of an oil pipeline. Gazoduq and its management team cannot be any clearer on this point: our project is solely to build a gas line and will never be anything else. Our commitment is clear and unequivocal. Under no circumstances could our project become something else or serve any purpose other than to transport natural gas. From both a technical and a regulatory perspective, the right-of-way (the cleared corridor that is referred to) can be used for one project only, namely, our underground natural gas transmission line. There is no ambiguity surrounding this matter. It is worth remembering that, according to Transport Canada, gas transmission lines are the safest means of energy transportation.
Toward a successful workforce integration
The availability of labour for completing our project was raised by different parties during the public consultations, and the company is fully aware of this issue. Gazoduq’s intention is to work with potential suppliers, the unions and the educational institutions to foster a successful integration of our project in the regional socio-economic fabric. The company also announced recently that it would create a forum to discuss the economic benefits and socio-economic challenges with the key stakeholders in the regions involved.
GHGs do not recognize borders
Lastly, Gazoduq would like to reiterate that it wishes to help reduce GHG emissions globally by replacing the most polluting sources of energy such as coal in Europe and Asia. By way of example only, there are still unfortunately over 6,000 coal-fired plants around the world. In light of their struggles with serious smog and public health problems, many countries, China in particular, have made getting away from coal a national priority. There is thus an opportunity to take concrete action for the benefit of the planet.
According to the International Energy Agency (IEA), natural gas is part of the solution as a complement to renewable energy. The facts speak for themselves: since 2010, the replacement of coal by natural gas for electricity production has made it possible to reduce GHG emissions by 500 million tonnes at the global level, according to the IEA.
We note as well that our client Énergie Saguenay commissioned a study on the project’s complete life cycle, taking into account all its specific components, from extraction to end use. This in-depth study, carried out by scientific experts from CIRAIG, concluded that the activities would lead to a reduction in global GHG emissions of 28 million tonnes per year, based on a conservative scenario for replacing more polluting forms of energy like coal and oil. That is the equivalent of taking over 6 million gasoline-powered vehicles off our roads every year.
Because GHGs do not recognize borders, it is possible to help certain countries reduce their emissions while creating positive, concrete benefits in our communities.
Lastly, it is worth remembering that our project is subject to provincial and federal assessment processes for the purpose of evaluating all its components.
Gazoduq Inc. is a Quebec company led by a highly skilled team with extensive experience and expertise in large-scale North American natural gas transmission line projects. It is supported by major investors with international expertise in developing large-scale natural gas projects. Gazoduq intends to build an underground natural gas transmission line, nearly 782 km long, between northeastern Ontario and Saguenay, Quebec, in collaboration with local communities and through the development of business partnership with local companies. www.gazoduq.com
Senior Advisor, Communications and Media Relations