Warren Buffett’s Company Backs Out Of Quebec Energy Project Due To Anti-Pipeline Blockades
Berkshire Hathaway has pulled out of a proposed large investment in the liquid natural gas pipeline near Quebec’s Saguenay port. Warren Buffetts’s investment company had been planning to invest $4 billion in the project. The $9.5 billion LNG project is meant to be built about 230 kilometers northeast of Quebec City, according to CBC News.