A pair of major natural gas projects hurt by uneasy investors in Canada are now facing stormier weather from the global oil price war and the economic effects of the new coronavirus.
The C$14 billion ($9.72 billion) Gazoduq and Energie Saguenay projects lost a significant potential investor in recent weeks before the sudden market upheaval, which their builder says warrants new support from Ottawa and the province of Quebec.
The projects aim to provide markets in Europe and Asia with natural gas from western Canada through an export facility near the St. Lawrence River, a major shipping lane. The pipeline ...
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