It is teaming up with SunLNG Holding andLNGaz to form Stolt LNGaz, in which it will have a 50% stake.
The company has been set up with $20m ofcapital, but will need investment of $570m over four years.
The idea is to build a small plant in Becancour,Quebec, to take gas from existing pipelines in south-east Canada and liquefy it.
This will then be exported across north-east Canadausing LNG carriers.
Stolt
