TransCanada confirms it won’t be building Energy East terminal at Cacouna, Que.

CALGARY – TransCanada Corp. (TSX:TRP) confirmed Thursday that it no longer plans to build a terminal at Cacouna, Que., as part of its Energy East pipeline project, but says it’s looking for potential alternatives in the province.

It also says the Energy East pipeline will be in service by 2020, about two years later than the previous target of late 2018.

The Calgary-based company is making the decision to relocate the terminal in part because of concern for beluga whales near the Cacouna site, which was to include storage tanks and a marine port for loading oil onto ships.

TransCanada also said it’s revised proposal responds to community feedback by speeding up development of an emergency response plan, which normally wouldn’t be prepared until after a project receives regulatory approval.

It still expects to link the pipeline to two refineries in Quebec and one in New Brunswick

TransCanada had previously suspended construction of the port at Cacouna because of the presence of beluga whales, which have seen their numbers dwindle to about 1,000 according to a federal wildlife committee’s report last year.

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