Canada’s outlook gloomy without LNG exports
The Kitimat information centre for LNG Canada. Shell has pushed back FID on the project. (LNG Canada)
Canada’s gas future is not looking bright: none of the 22 LNG export projects proposed for the country’s east and west coasts has made an FID.
The fall in oil and gas prices, declining United States exports and the global LNG supply glut are all bad news for Canada’s LNG industry. Combined with new Prime Minister Justin Trudeau’s promise to review environmental emissions from LNG projects, and the picture is a very uncertain one.