A revival in fortunes

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Gaz Metro, Anticosti Hydrogarbons sign gas development deal

first_imgGaz Métro has signed a deal with Anticosti Hydrocarbons to develop associated natural gas from Anticosti Island.The agreement with Gaz Métro will provide Anticosti Hydrocarbons with access to the expertise of Québec’s leading gas distribution utility and distribution franchise-holder on Anticosti Island to identify economic, operational, and technical solutions to transporting associated natural gas to consumer markets should any be produced in the event hydrocarbon resource production gets underway on Anticosti Island.There are a variety of technical issues to address, including storage, transportation, and distribution of the gas, said Gaz Metro in a statement.Subject to compliance with the terms and conditions set forth in the agreement, Gaz Métro will have acquisition rights to any natural gas produced from wells on Anticosti Island and be able to transport or distribute it to the markets, at a price that will allow its marketing while taking into account prevailing prices.In return for Gaz Métro’s expertise, Anticosti Hydrocarbons has agreed to an exclusive partnership with Gaz Métro for the next five years.“This agreement in principle creates an important partnership for the Anticosti project. Developing associated natural gas will create positive spinoffs for Quebec and, with the new maritime strategy announced by the government, could provide a solid leg up to Québec businesses, particularly those involved in the Plan Nord,” stated Alexandre Gagnon, chair of the Anticosti Hydrocarbons operations committee.[mappress mapid=”15665″]Press Release; Image: Gaz Metrolast_img read more

Philly Fanatics: Eagles faithful take to the streets after 1st Super Bowl win

first_imgiStock/Thinkstock(PHILADELPHIA) — More than 10,000 Eagles fans stormed the streets of Philadelphia on Sunday night to celebrate their team’s first Super Bowl victory. Fireworks lit up the skies of downtown Philadelphia as fans of the championship-starved franchise sang, cried and drank into the wee hours of Monday morning. It was a celebration 58 years in the making.Fans could be seen climbing poles, buildings, cars and even hotel awnings as the Eagles’ fight song “Fly Eagles Fly” was belted with drunken revelry into the night by thousands of fans. The celebration was mostly peaceful but the Philadelphia Police Department did respond to a number of isolated incidents during the celebration.“We have had several acts of vandalism where windows have been smashed and some injuries have been reported around light poles that have been pulled down,” a Philadelphia Police spokesperson said. “We have one report of looting at a gas station. There have been no fatalities.” A large group of fans climbed the gates of City Hall with beer kegs while a car on Walnut Street was flipped on its side. There were also a number of small fires set on the street but nobody was seriously injured. Police began clearing out fans around 1:30 a.m. and were able to clear the streets by about 4 a.m.Copyright © 2018, ABC Radio. All rights reserved.Powered by WPeMatico Relatedlast_img read more