Edmonton Industrial Park to Develop LNG for Export to China
The Edmonton Economic Development Corporation (EEDC) announced plans to build a 1,000 acre industrial park in Sturgeon County, including a facility to make LNG to export to China. EEDC signed a memorandum of understanding with two partners – Gascana AB Energy Ltd. And Gascana-Sino Industrial Park Administrative Committee Inc. – to complete the Sino Canada Natural Gas Development Initiative. The Initiative would focus on refining, upgrading, and manufacturing LNG. The industrial park would be built over five years, with an estimated total investment of $4 billion in construction. Read more in the EEDC press release.