TransCanada announced Thursday the company no longer plans to build an oil tanker terminal at the controversial site of Cacouna, Quebec, as part of its 1.1 million barrel-a-day Energy East oil pipeline project.
“TransCanada will be advising the NEB (National Energy Board) that the company will not be proceeding with a marine terminal in Cacouna and is evaluating other options,” the Calgary-based pipeline company said in a press release. Cacouna was TransCanada’s lone Quebec terminal.
TransCanada used the announcement as an opportunity to take a shot at Energy East’s critics.
“It goes without saying but we’ll say it anyway, (Read more…)