RE:RE:RE:AltaGas throwing money away in Nova ScotiaThe contractual obligation for Heritage to use the storage- the business case for investing in the project- is dead. You know where I stand on the opinion whether the project still has any economic viability. My opinion aside- at best, that is a very iffy possibility.
Iffy possibilities are the ones you cut your losses on and write it off- not keep putting significant coin in, with no end in sight, to keep it on life support. If ALA had the visibility of Shell, they would have to be out of this project.
Don2018 wrote:
ALA also got the permit renewed for the cavern construction, but native opposition (and illegal obstruction) will always be a huge issue, just look at the mess in BC. And as commonsense, points out, by the time this project could be finished, it may not be needed.