Natural Gas Supply Agreement Announced for Local Project

A key supply agreement's been reached for a natural gas project in the region.

Lakeshore Natural Gas has announced a letter of intent for a long-term gas supply agreement with Certarus Limited which would see Certarus transport, store, and supply compressed natural gas for the proposed North Shore Gas project.

The project's a $55-million proposal for an "innovative mobile energy distribution solution" to offer natural gas to up to 13,000 residents and businesses in Manitouwadge, Marathon, Schreiber, Terrace Bay, and Wawa, with Lakeshore Natural Gas a local distribution company set up by the five communities for that purpose.

If successful in receiving all needed regulatory approvals this year, the full rollout of the project is expected to take place from 2022 to 2024.