The proposed Rabaska LNG terminal will be a deepwater jetty that will accommodate tankers carrying LNG. In addition, it will feature an underground cryogenic pipes connecting the jetty to two reservoirs where the LNG will be stored and regasified. The project will also include regasification equipment, administration buildings, a control room, supply and maintenance areas, and a 40-odd kilometer pipeline connecting to the network.

The LNG terminal will be owned and operated by Rabaska, a limited partnership of Gaz Metro, Enbridge, and Gaz de France. The estimated $840 million facility will be located along the St. Lawrence River in Levis, Quebec, Canada.

In May 2008 Rabaska announced that Gazprom Marketing & Trading USA has agreed to become an equity partner in the facility by the end of the year. In addition, Gazprom intends to contract for 100% of the import terminal’s capacity. Gazprom will import Russian LNG supplied from the Shtokman liquefaction project currently under development in the Barents Sea northeast of Murmansk, Russia.

According to Rabaska, the limited partnership has already obtained the key federal and provincial governmental approvals to proceed with contraction of the terminal. Construction would be timed to meet the anticipated first LNG deliveries in 2014.